Press Releases  & Media Coverage

Crypto platforms across Africa are rapidly improving identity verification performance as the industry moves toward stricter regulation and stronger fraud prevention. These findings are based on Sumsub , a leading full-cycle verification platform that enables scalable compliance, which today released its fourth annual  State of the Crypto Industry report *. The new research reveals how crypto companies are balancing fraud prevention, regulatory pressure, and user experience a

22 August 2025    Kenya’s cryptocurrency sector stands at a pivotal juncture. At the recent Blockchain and Crypto Conference in Nairobi last month, industry leaders underscored a critical reality: while Kenya’s Web3 ecosystem has expanded rapidly, it has done so in a regulatory vacuum. Virtual asset service providers (VASPs) have long operated in a grey zone, but this is set to change.  The newly proposed Virtual Asset Service Provider (VASP) Bill (2025) promises to introduce

Africa’s digital revolution thrives against odds. As the first mobile-first continent, it pioneered transformative tech.

A new report on the state of safety and regulation in the crypto-currency market has revealed some concerning numbers. The study, by...

New research on identity verification in the crypto industry by Sumsub finds the number of deep fakes in the sector increasing by 128%...