BitKE

Reporting on #Bitcoin, crypto, and blockchain activity in Africa.

[BitKE @BitcoinKE]

REGULATION 🇰🇪 | Binance Reportedly Freezing P2P User Accounts in Kenya at the Request of Law Enforcement

Under the hashtag, #BinanceUnmasked, a number of users have complained that their @binance accounts have been frozen at the request of law enforcement. The law enforcement Government agency name has been identified as @DCI_Kenya under the @NPSOfficial_KE.

Users have complained that the #lack of #openness from #Binance and #freezes that #lock them out of their funds without an explanation to the problem.

See details: https://t.co/crPaqhZjcg

@BinanceAfrica #BinanceP2P #BinanceKE

[BitKE @BitcoinKE]

STABLECOINS REGULATION IN EUROPE |

EU stablecoin regulation, MiCA, requires a significant portion of the reserves for EU-issued or EU-authorized stablecoins to be held in EU credit institutions, and the issuer must ensure sufficient liquidity and redemption capacity under EU supervision.

#CryptoRegulationEU #CryptoEU #StablecoinsEurope #StablecoinsEU

[BitKE @BitcoinKE]

REGULATION 🇪🇺 | The European Union Warns Many Prediction Markets Are Off-Limits to Retail Investors

Under the EU's Markets in Financial Instruments Directive (MiFID II), many event contracts may qualify as binary options, which have been banned for sale to retail investors across the bloc since 2018 because of concerns over investor protection and the products' speculative nature.

https://t.co/wLwzUIoK19

#CryptoEU #CryptoRegulationEU #CryptoEurope #PredictionMarkets #PredictionMarketsEU #Europe

[BitKE @BitcoinKE]

PRESS RELEASE 🇳🇬 | Luno Nigeria Becomes First Crypto Exchange With Global Footprint to be Admitted to the Regulatory Incubation Programme

The Approval in Principle marks a major regulatory milestone for Luno Nigeria and strengthens the company's position to support the country's growing digital asset ecosystem.

Speaking on the approval, Luno Nigeria CEO, Ayotunde Alabi, said,

“This is an important milestone for Luno Nigeria and a strong validation of our commitment to building responsibly in one of Africa’s most important cryptocurrency markets."

Details: https://t.co/oIDDV6lnxR

@LunoGlobal #LunoNigeria

[BitKE @BitcoinKE]

@BoardLotSultan Most of this is also fueled by #misinformation and #disinformation to drive capital into Kenya.

See example:

https://t.co/F90szcHfSw

[BitKE @BitcoinKE]

BITCOIN | June 2026 Was the Worst Monthly Performance for Bitcoin in 4 Years

Bitcoin fell about 20.5% in June 2026, its worst monthly performance in four years. The decline comes after months of weaker institutional demand and persistent macroeconomic uncertainty weighed on risk assets.

The June decline marked Bitcoin’s worst monthly performance since the crypto market turmoil of 2022, underscoring how sentiment has weakened following a prolonged period of slowing inflows into digital asset investment products and heightened uncertainty across global financial markets.

https://t.co/bXLLCcKA6P

bitcoin:native

[BitKE @BitcoinKE]

8 months ago, #VISA launched the #VisaPay platform with the #DRC, a heavily cash-reliant market, being the first market.

Recent reports now say that @Visa, in partnership with @Onafriq, is piloting #stablecoin payments to settle mobile money wallet top-ups behind-the-scenes.

See details: https://t.co/mdegagRwfv

[BitKE @BitcoinKE]

CASE STUDY 🇸🇴🇲🇼🇰🇪 | How Coala Pay Uses USDC to Deliver Humanitarian Aid in Minutes Across Africa’s Hardest Payment Corridors

Unlike conventional cross-border payments, every transaction is timestamped on-chain allowing organizations to automatically record exchange rates, settlement times, and payout confirmations for donor reporting.

@circle's REGULATED APPROACH and reserve transparency were cited as important considerations in selecting USDC over smaller stablecoins.

https://t.co/QxLIdnRXNd

@coalapay #StablecoinsAfrica #Somalia #Malawi #Kenya #CryptoSomalia #CryptoMalawi #CryptoKE #BitKECaseStudy #BitKECaseStudies

[BitKE @BitcoinKE]

STABLECOINS 🇨🇩 | VISA is Reportedly Piloting Stablecoin Settlements for Cross-Border Mobile Money Payments in The Congo

The Democratic Republic of #Congo was selected for the pilot because of its relatively low financial #inclusion and #cash-heavy economy providing an opportunity to test whether on-chain settlement can improve access to cross-border digital payments.

The payments company is reportedly running the pilot with pan-African payments provider, @Onafriq, using stablecoins to settle mobile money wallet top-ups behind the scenes through its #VISAPay platform without changing the customer experience.

https://t.co/efiPaqe6fq

@OnafriqDRC @VisaNews @Visa #StablecoinsCongo #StablecoinsDRC #CryptoDRC #MoneyDRC #PaymentsAfrica

[BitKE @BitcoinKE]

PRESS RELEASE 🇳🇬 | SEC Nigeria Approves Luno and KoinKoin into its Incubation Programme

These entities would receive the Commission’s Approval-in-Principle (AIP) permitting them to operate within the defined scope of the Programme and subject to conditions stipulated by the Commission.

An Approval-in-Principle confirms that an entity has satisfied the Commission’s admission requirements for the Programme.

https://t.co/0wPQIFvnrL

@SECNigeria @LunoGlobal @koinkoinapp #CryptoRegulationNG #CryptoNigeria #CryptoNaija

[BitKE @BitcoinKE]

EXPERT ANALYSIS | ‘In Emerging Markets, High Penetration of USD-Linked Stablecoins in Particular, Weaken Monetary Transmission,’ Warns @Moodys Ratings

The report notes:

“Cryptocurrencies have also introduced new channels for capital flight. Pseudonymous wallets and offshore exchanges allow residents in jurisdictions with capital flow management measures to move wealth abroad discreetly, undermining exchange rate stability. This dynamic is observed in jurisdictions such as Lebanon (C stable) and Argentina bypass currency controls. (Caa1 stable) where residents have used digital assets to bypass currency controls.

Digital currency adoption poses risks to the financial sector. Banks may face deposit erosion if individuals shift savings from domestic bank deposits into stablecoins or crypto wallets. Leverage through decentralized finance (DeFi) platforms and collateralized lending products can amplify asset price volatility and reduce repayment capacity during market downturns.

In many emerging markets, transaction volumes are concentrated in a small number of centralized exchanges, increasing operational and contagion risks where regulatory oversight is limited.”

https://t.co/GEVpF8fcpP

[BitKE @BitcoinKE]

INSTITUTIONAL | K Wave Media Becomes First Corporate Bitcoin Holder to Sell its Entire Treasury

#Bitcoin treasury companies often present Bitcoin as a strategic reserve. K Wave’s filing shows how quickly that #narrative can become more complicated once the reserve is tied to debt agreements.

The filing illustrates A GROWING RISK facing companies that FINANCE BITCOIN PURCHASES WITH DEBT OR STRUCTURED CAPITAL.

https://t.co/GGcrx6tPC1 bitcoin:native

[BitKE @BitcoinKE]

INSTITUTIONAL | Securitize Becomes the First Publicly-Traded Company to Tokenize Own Stock on First Day of Trading

@Securitize said about $295 million of its stock had been tokenized at launch across the @solana and @avax networks, making it one of the largest issuer-sponsored tokenized equity offerings to date.

https://t.co/eN1wFtWyXZ

#Tokenization #Securitize $SECZ

[BitKE @BitcoinKE]

PRESS RELEASE | StanChart Becomes First Globally Important Bank to Offer Institutional Clients USDC Minting and Redemption

The launch makes @StanChart the first Global Systemically Important Bank (G-SIB) licensed to offer institutional clients access to USDC minting and redemption through a  single onboarding and service experience, without requiring clients to hold direct accounts with Circle.

https://t.co/AnoyPk0u8e

#InstitutionalCrypto #InstitutionalStablecoins #Institutional #StanChart #Banking

[BitKE @BitcoinKE]

#TBT

In 2022, a nuclear power's foreign reserves were frozen with a signature.

By 2025, it had created a stablecoin that outpaced all dollar stablecoins growth in that year despite sanctions.

Details: https://t.co/dTnfYdhI1Z

[BitKE @BitcoinKE]

Crypto deposits to @okx from non-MiCA-licensed platforms have grown 5.5 times since the week of April 13 2026.

Nearly 90% of deposits in the last week of June 2026, just before the July 1, 2026 #MiCA deadline, came from unlicensed platforms, up from 69% in April 2026.

As evidence, @binance has already told its users in Europe they can now #transfer and #withdraw crypto assets from the platform.

Details: https://t.co/mYPjKszV2o

[BitKE @BitcoinKE]

INSTITUTIONAL | Record Bitcoin ETF Outflows in June 2026 Signal Institutional Pullback as Macro Headwinds Weigh

While estimates differ, both datasets point to the same trend. Some reports provide a figure of $4.5 billion in ETF outflows, while others estimate it at roughly $3.6 billion in net withdrawals during the month.

For investors, the implication is that ETF flow data may remain a leading indicator for Bitcoin's next major move.

https://t.co/I2z8CcRgBQ

#BitcoinETFs bitcoin:native

[BitKE @BitcoinKE]

02.07.26

[BitKE @BitcoinKE]

INTRODUCING | Leading Retail Investing Platform, Robinhood, Launches Public Blockchain, Robinhood Chain

The blockchain is built on Arbitrum and is designed to support tokenized real-world assets and decentralized finance (DeFi) applications.

https://t.co/Vv1KKvewwS

@RobinhoodApp @arbitrum

[BitKE @BitcoinKE]

#Britain has suffered the biggest fall in household wealth among high-income economies since the Covid-19 pandemic, according to the UBS Global Wealth Report 2026.

According to the report, Britain’s average wealth per adult fell by 23.2% between 2020 and 2025 – the steepest decline among the developed economies surveyed. Median wealth per adult dropped to just over £95,500 ($126,500), leaving the typical Briton slightly wealthier than the French but behind Italians and the Dutch.

#Europe