Jump into the final Africa crypto week in review for March and discover as Quidax and Tether form a new crypto Africa partnership for crypto education. Meanwhile, mainstream media eyes are on Zambia Bitcoin mining operations powering rural areas, as Binance Nigeria news dominates the headlines.
The last week of March closes with its fair share of crypto developments on the African continent. Crypto exchange Quidax is partnering with Tether to launch educational efforts on the continent. In Zambia, a crypto mining startup harnesses cheap hydroelectricity to help power a local community, while Nigerian authorities have reignited their crackdown on Binance.
Africa Crypto News: Quidax and Tether For Crypto Education and Blockchain Awareness
African exchange Quidax and global stablecoin powerhouse Tether are partnering to boost crypto education efforts on the continent.
The joint effort aims to raise awareness of blockchain and stablecoins, starting with Nigeria and Ghana.
This initiative aims to empower approximately 15,000 people to leverage the digital asset age. As part of the program, financial literacy campaigns, thought leadership drives, interactive workshops, and similar initiatives will be conducted across the region and eventually continent-wide.
Tether benefits from increased stablecoin usage, as its USDT is key in global crypto trading, allowing users to buy some of the best cryptos in 2025. Similarly, Quidax looks to expand its user base by creating thousands more crypto users through this effort.
Zambia Crypto News: Bitcoin Mining To Power Rural Homes
The BBC recently reported on a fascinating story of Bitcoin mining deep in rural Zambia near the DRC border.
Entrepreneur Phillip Walton is harnessing the waters of the mighty Zambezi to mine Bitcoin at a low cost and sustainably.
The need for Bitcoin mining energy has boosted power demand.
Accordingly, the local grid can now generate enough power to support 15,000 residents in the area. The uptake is still low because of infrastructure costs for local communities.
Still, Bitcoin mining has made the setup financially viable for grid operators.
The revenue from Bitcoin mining ensures that grid operators can meet operational costs and, in turn, supply cheap power to the surrounding areas.
Bitcoin mining has gotten a bad rap over the years for its power consumption. However, this is an excellent win-win decentralized power arrangement for miners and the local community.
Nigeria Crypto News: Crackdown on Binance, Again?
When the Nigeria crypto community thought things were improving, authorities reiterated their issues with Binance.
The mega-exchange was forced to exit the Nigerian market last year after a crackdown that saw the arrest of a senior executive.
Authorities now allege that Binance is helping fund criminal groups in the country through illicit financing. This allegation escalates the tax evasion claims that were floated last year. Nigerian authorities also want Nadeem Anjarwalla to be booked for escaping custody.
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Binance, from where you can trade some of the best Solana meme coins, has denied these allegations, but it shows that the Nigerian market will not be easy to land.
Progress had been made in the latter half of last year, with the executive released and Nigeria creating a more certain regulatory climate for blockchain firms in the region.
Nigeria remains a massive market, owing to its 200-million-strong population and youthful demographic.
Binance and other operators must now brace for stricter measures or discussions with authorities on how best to handle the fallout. These developments will be fascinating to track.
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Africa Crypto News: Quidax Tether Education Push, Zambia Bitcoin Mining, Binance Nigeria News
- Quidax and Tether launch crypto education in Nigeria and Ghana to boost blockchain awareness
- Bitcoin Mining in Zambia powers 15,000 homes. Harnesses the Zambezi hydropower to electrify rural areas
- Nigeria cracks down on Binance again, escalating tensions
The post Africa Crypto Week in Review: Quidax and Tether Unite to Crypto Education in Africa, Zambia Bitcoin Mining Powers Homes, Nigeria Reignites Feud with Binance appeared first on 99Bitcoins.
