In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements.
Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector.
https://twitter.com/nifty0x/status/1994319296525206001?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
Across the border, the University of Namibia has rolled out a novel master’s degree in blockchain technology.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Here’s a more detailed look at these stories:
The Ghana Gold Board is pushing for blockchain technology usage in tracking gold shipments. This proposal comes even as gold prices continue to break records and demand remains high globally.
Ghana Gold Board CEO Samuel Gyamfi spoke at a high-level Precious Metals Conference in Dubai on the importance of tracking global gold movements. He notes that gold is a valuable resource and cannot be allowed to become a haven for illegal activities.
“Gold is a resource for global economic stability and transformation. It cannot be allowed to become a haven for drug lords, armed actors, corrupt politicians, human traffickers and criminal networks.”
Mineral traceability remains a key concern for law enforcement globally. The worries about illegal mining, the use of child labor in mines, and related crimes inform the need to trace minerals from mines to the markets.
https://twitter.com/THESTATENEWSS/status/1992999211005362658?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
Integrating any of the major blockchains introduces decentralization and immutability, which the Board believes can aid in proper mineral tracing.
DISCOVER: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year
The South African Reserve Bank (SARB) has released its second Financial Stability Report of 2025, which identifies digital assets and stablecoins as new financial risks in the country.
By the end of Q2 2025, SARB said they were over 7.8M crypto holders in the country, HODLing some of the next tokens to explode.
(Source: SARB)
Even so, the central bank is wary of the billions held by these exchanges and the borderless nature of the sector.
South Africa has exchange controls that govern traditional banking institutions, but do not affect crypto movements.
The acknowledgement by the industry poses a systemic risk, mostly because it is outside the purview of existing regulations.
This discrepancy presents a reason for the central bank and the legislature to enact common-sense crypto regulations.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025
In the education sector, the University of Namibia (UNAM) has launched the continent’s first master’s degree program in blockchain technology.
UNAM aims to become a research and development hub on the continent.
They will partner with the African Blockchain Institute on this initiative. This announcement is the culmination of over two years of work by the institution’s IT department to integrate emerging technologies into its curriculum.
The program combines academic rigor and practical application in the leading aspects of the blockchain industry.
Applications are now open through the university’s online academic portal. The first cohort of students is expected to chart new horizons in advanced blockchain studies.
Earlier, UNAM partnered with the Africa Blockchain Institute in organizing a public lecture on blockchain innovation.
https://twitter.com/AfricaBlockInst/status/1967491073795867101?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025
The post Africa Crypto News Week in Review: Ghana Gold Board Exploring Blockchain, South Africa Central Bank Caution, University of Namibia Introduces Blockchain Masters Program appeared first on 99Bitcoins.
Key Takeaways Cocoon launched as a decentralized confidential compute network on the TON blockchain. Cocoon…
Whether you like it or not, Black Friday is here. The holiday shopping season is…
The stablecoin economy is puffing itself back up after slipping from its $309 billion peak…
On November 30, 2022, OpenAI introduced a new product to the world, innocuously describing it…
Bitcoin continues to trade within a decisive corrective structure, pressing against a key resistance block…
DEXs now account for one-fifth of all spot trading, according to CoinGecko. Decentralized exchanges…