Yellow Card Financial Inc.'s CEO, Chris Maurice, notes increased interest from traditional banks in Africa towards digital assets. This shift is attributed to the inauguration of US President Donald Trump, who is seen as crypto-friendly. Maurice anticipates that African regulators will expedite the establishment of rules for the crypto sector, leading to significant regulatory changes across the continent within the next year.

The CEO of Yellow Card Financial Inc., a pan-African focused digital assets exchange, says he has received increased interest from traditional banks and expects regulators to act quicker on establishing rules for the sector following the inauguration of crypto-friendly US President Donald Trump. “With the US moving this way, I think that you’ll see a lot more speed from various governments around Africa in terms of getting to a point regulatory clarity,” Chief Executive Officer Chris Maurice said in an interview on Wednesday. “This gives us more confidence that over the next year or so, you’re gonna see sweeping regulatory change across the African continent.”

Trump's Crypto Policies Expected to Accelerate Regulatory Changes in Africa