Bitcoin Traders Facing Prison Time for Failing to Disclose Income in South Africa

South African traders who fail to disclose their income from Bitcoin trades could end up in jail дальше »

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Blockchain Africa Conference 2021: Beyond the Hype, Goes Online

Blockchain Africa Conference 2021 organizer, Bitcoin Events, has announced that due to the global coronavirus pandemic, the ensuing travel restrictions, and the overall uncertainty of the current environment, the 7th edition of the annual conference will be hosted online this year. дальше »

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South Africa’s Primary Financial Regulator Proposes New Crypto Regulations In The Country

Reports from Bloomberg confirms that South Africa’s primary financial regulator, Financial Sector Conduct Authority (FSCA), is planning to regulate cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. дальше »

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South Africa’s Financial Regulator Exposes Bitcoin Ponzi Scheme

The Financial Sector Conduct Authority (FSCA) in South Africa is seeking to increase regulation and prosecute crypto-related dealings after the recent collapse of a Bitcoin Trader suspected of being the country’s biggest Ponzi scheme. дальше »

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Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’

Crypto-asset trading platform Rain Financial. Inc. has raised $6 million in the Series A funding round led by venture-capital firm Middle East Venture Partners. Other investors in the four-year-old company that mainly serves users in the Middle East and North Africa include Coinbase, the biggest crypto exchange in the US, Saudi Arabian private-equity investor Vision […] The post Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’ first appeared on BitcoinExchangeGuide. дальше »

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Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano

Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world.

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Token-based electricity top-up app expands in Africa but faces headwinds

Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa. дальше »

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Подкаст 238: Стартап из Нигерии Bitsika Africa обработал $40 млн в криптовалютах в 2020 году.

Нигерийский криптостартап Bitsika Africa, который позволяет покупать и продавать BTC,... Сообщение Подкаст 238: Стартап из Нигерии Bitsika Africa обработал $40 млн в криптовалютах в 2020 году. появились сначала на ПрофитГид. дальше »

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Стартап из Ганы Bitsika Africa в 2020 обработал криптопереводы на $40 млн

Криптовалютный стартап Bitsika Africa, функционирующий из Ганы и Нигерии, заявил... Сообщение Стартап из Ганы Bitsika Africa в 2020 обработал криптопереводы на $40 млн появились сначала на ПрофитГид. дальше »

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Popstar Akon: Crypto solves Africa’s 350 million unbanked people

Crypto adoption has boomed in Africa in the past few years, attracting eyeballs and investments, and even celebrities joining in on the cause. The post Popstar Akon: Crypto solves Africa’s 350 million unbanked people appeared first on CryptoSlate. дальше »

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Paxful’s Ray Youssef on the Bitcoin hustle and why Africa leads crypto adoption

Ray Youssef is a man on a mission.

The post Paxful’s Ray Youssef on the Bitcoin hustle and why Africa leads crypto adoption appeared first on CryptoSlate.

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CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked

In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with a local bank. дальше »

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How The Use Of Bitcoin In Africa Continued To Grow In 2020

Africa has proven to be a hotbed of adoption for Bitcoin in 2020. But what fueled this growth? And what will next year look like? The post How The Use Of Bitcoin In Africa Continued To Grow In 2020 appeared first on Bitcoin Magazine. дальше »

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Where Peer-to-Peer Finance Grabbed Hold This Year

Nigeria, China, India, the U.S. and Vietnam were leading markets for peer-to-peer finance. South Africa and Turkey saw more stablecoin use. дальше »

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Akon: Crypto Can Give Africa Financial Freedom

The revolutionary power of blockchain will play a significant role in the golden age of African development. дальше »

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Paxful Builds School with Bitcoin in Africa

One of the biggest peer to peer bitcoin exchange with a network of kiosks across the world is building schools in Africa funded with bitcoin. “The #BuiltWithBitcoin initiative is a... дальше »

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Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years

Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U. дальше »

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Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world's second-most populous continent дальше »

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Charles Hoskinson Predicts Massive Market Shift By 2030 As Cardano Sets Sights On Africa

Cardano has been a good asset this year, with the network development team having accomplished some notable goals. One of them is the Shelley upgrade that ushered in the era of stake pools and staking rewards on the Cardano network. дальше »

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Finnovex East Africa 2021: Live Experience at Virtual Event

February 9-10, 2021| Finnovex East Africa 2021 Virtual Summit: The Leading Summit on Financial Services Innovation and Excellence East Africa currently is home to some of the quickest growing economies in the world and the entire continent is set for a vast economic transformation. дальше »

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Everyone's talking crypto for solving sub-Saharan Africa's payments problems

Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth.

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Africa and Cryptocurrency. The current state of adoption across the continent

Cryptocurrency has somewhat moved past the “scrutiny stage” and now has its wings spread across all over the globe. Cryptocurrency adoption, as a result, is also on the rise, with many corporations, firms, businesses, governments, and countries. дальше »

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Following Binance Uganda closure, Binance P2P makes strong inroads in Africa

The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong

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Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate

A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. дальше »

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Nigeria is establishing a framework for widescale crypto adoption

Africa’s largest economy has become a bastion for crypto adoption.

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South Africa's FSCA issues draft declaration on crypto-assets

With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptThe post South Africa's FSCA issues draft declaration on crypto-assets appeared first on AMBCrypto. дальше »

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Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal

If implemented the declaration would require crypto firms in South Africa to register as financial services providers. дальше »

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South Africa Unveils New Crypto Rules as Usage Soars Exponentially

The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets. дальше »

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Can blockchain make a difference? Africa sees vast monetary potential

As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems. дальше »

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Etherisc-Powered Smart Contract Insurance Platform to Aid Kenyan Farmers

The Chainlink Community Grant Program is funding a blockchain project to aid smallholder farmers in Kenya. Using Blockchain to Help Farmers In a recent announcement, the Chainlink Community Grant Program revealed that it was funding a low-cost insurance project between decentralized insurance protocol named Etherisc and ACRE Africa, an Africa-based micro-insurance issuer. дальше »

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How Commodity Currencies Performed Amid COVID-19

We analyze how the currencies of eight major commodity-exporting nations, from Australia to Brazil to South Africa, performed during the year of the virus. дальше »

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African Startups Should Tokenize to Break Biased Funding Cycles

Startup capital in Africa still favors foreign founders at the expense of homegrown projects. A proposal to break the cycle. дальше »

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Another Central Bank in Africa is Warning About Onecoin

Uganda’s central bank has a new warning for local residents: stay away from Onecoin, a digital currency scheme widely accused of being a scam. дальше »

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Weather-tracking blockchain in West Africa, but transparency on a raincheck

A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing?

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Ripple establishes its regional headquarters in Dubai

Ripple has chosen Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, as its regional headquarters. DIFC Authority unveiled this news via an official announcement on November 7, noting that the FinTech company chose it over other centres because of its innovative regulations, expansive network, and reputation. дальше »

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Ripple Opens Dubai HQ as Blockchain Firm Mulls Leaving US

The blockchain company's new Middle East and North Africa headquarters will be within the DIFC financial hub. дальше »

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Binance announces a new affiliate program in Africa

Only a little more than a week ago, Binance announced that it has decided to shut down its subsidiary in Uganda. The process should be completed by the end of November, with the trading services officially ending on November 11th. дальше »

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Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal

The latest study by the World Bank shows that it costs 4. 98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8. дальше »

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MoAfrika – Africa’s Biggest Online Tour Operator now Accepts Bitcoin

PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. дальше »

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Covid-19 Hit Sub-Sahara Africa Gets $16 Billion From IMF, Region Still Faces $290B Financing Gap

The International Monetary Fund (IMF) says its release of $16 billion towards sub-Sahara Africa will help to cover the needs of countries badly hit by the global pandemic, Covid-19. The financial institution says despite its swift action, the region still faces a financing gap of $290 billion between now and the year 2023. дальше »

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Exploring the landscape of crypto regulations in sub-Saharan Africa

Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.

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Bitcoin Investment Reaches All Time High in South Africa

Bitcoin is becoming increasingly popular in South Africa, a country in depression where the GDP has fallen by some 20% after stagnating for half a decade, growing by just 1%.... дальше »

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Ripple Partner Finastra Launches New Solution for Banks and Payment Services in EU, US and South Africa

Ripple partner Finastra has come up with a pre-packaged payment solution to bring together banks and cross-border payment firms in Europe, the US and South Africa дальше »

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Emerging technologies can change the African financial landscape

The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.

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Ripple Major Partners MoneyGram and Banco Do Brasil Ink New Collaboration Deals

Two big Ripple-friendly companies?MoneyGram and Banco do Brasil?have announced new partnerships in Switzerland and North Africa дальше »

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New stablecoin awaits approval from Kenyan regulators

Members of the Young Entrepreneurs Network Africa in Nairobi, Kenya are developing the YENTS stablecoin, a native token of the entrepreneurs’ Network which is expected to launch in November this yeaThe post New stablecoin awaits approval from Kenyan regulators appeared first on AMBCrypto. дальше »

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Crypto Industry Thriving on the African Continent

Africa is fast emerging as one of the planet’s centers for Bitcoin and cryptocurrency interest. Recent weeks have seen several developments that show a thriving industry on the continent. Developments include the addition of USDT to Africa’s largest peer-to-peer (P2P) marketplace, the expansion of crypto exchange and gift card services into new countries, and a […] The post Crypto Industry Thriving on the African Continent appeared first on BeInCrypto. дальше »

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Food, construction materials, and electricity top-ups with ETN?

Electroneum’s real-world utility in Africa expands to more countries and more products and services As the award-winning cryptocurrency’s third anniversary approaches, Electroneum finds itself at... дальше »

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Blockchain Bites: MakerDAO’s Do or Dai Moment, Bitcoin in Africa, Dollar Trends Up

MakerDAO has voted not to compensate victims of the "Black Thursday" flash crash, a former Pantera partner is launching a new crypto-focused fund and bitcoin may be headed to the doldrums as the U.S. dollar rises. дальше »

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The Dawn of International Bitcoin Trade

After a decade of launching, bitcoin may well be starting to serve the cash function at some scale across the world for global trade. For countries like South Africa for... дальше »

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