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South African crypto exchange VALR picks Poland for expansion in Europe
Pantera-backed crypto exchange VALR will now offer services in Poland as part of its global expansion efforts. South African cryptocurrency exchange VALR is moving beyond the African continent, choosing Poland as its first stop in expansion across the globe. In… дальше »
2024-5-1 13:11
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Crypto policies won’t be affected by South African elections, insiders say
According to industry insiders, the upcoming South African elections on May 29 will not affect the nation’s cryptocurrency agenda. According to Mpumelelo Ndamane, CEO of South Africa-based crypto wallet provider Nuud Money, the elections will steer clear of cryptocurrencies. “We’ve been pretty… дальше »
2024-4-29 13:18
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South Africa Takes The Lead In Crypto Regulation: 59 Platforms Licensed
According to a recent Reuters report, South Africa’s Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for crypto businesses. This significant development comes as Africa’s most industrialized economy takes progressive steps towards regulating the asset class. дальше »
2024-3-14 06:00
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South Africa to license 60 crypto exchanges in regulatory milestone
South Africa is set to become one of the first countries in Africa to mandate licenses for crypto exchanges. дальше »
2024-3-14 18:48
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South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1. дальше »
2024-3-14 18:27
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Is South Africa On A Crypto Blacklist? These Events Could Suggest So
South Africa (SA) is projected as one of the most crypto-friendly African countries. However, a recent development suggests that the crypto industry in the country may be enduring a torrid time as US crypto firms move to block users in the country. дальше »
2023-8-31 14:30
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South Africa’s financial regulator to require licenses for crypto exchanges by year-end
The Financial Sector Conduct Authority (FSCA) of South Africa has made an announcement, stating that all cryptocurrency exchanges operating within the country must obtain licenses by the end of the year. дальше »
2023-7-5 20:14
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South Africa Imposes Year-End Licensing Deadline For Crypto Exchanges
In a move to regulate the fast-growing crypto industry, South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has announced a year-end deadline for mandatory licensing of all crypto exchanges operating in the nation. дальше »
2023-7-4 16:30
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Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu has received the green light to operate in South Africa, providing on and off-ramps to South Africa’s rand currency. дальше »
2023-4-21 23:30
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Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa
Grocery retailer Pick n Pay is now accepting Bitcoin payments via the Lightning Network nationwide following a three-month testing phase. дальше »
2023-2-2 22:45
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South Africa Mandates New Advertising Code For Crypto Ads
With the crypto market evolving into a more developed industry, consumer protection is now a top priority for governments and regulatory bodies worldwide. In a recently updated code of advertising practice published by the South Africa Advertising Regulatory Board(ARB) on Monday, the country introduced some new guidelines aimed at the crypto advertisements sector, particularly protecting […] дальше »
2023-1-24 19:00
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How to build a Bitcoin Beach: Advice from the pros
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world. дальше »
2022-11-14 17:10
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South Africa’s NCC Labels Obelisk A Crypto Pyramid Scheme
South Africa's National Consumer Commission (NCC) has released a report declaring Obelisk a crypto pyramid scheme. дальше »
2022-10-23 18:00
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South Africa Recognizes Cryptocurrencies as Financial Products
South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of the asset class under the country’s regulatory purview. дальше »
2022-10-22 14:58
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South Africa Imposes Regulation on Crypto Assets
South Africa joins the list of nations that have regulated cryptocurrencies, including the U.S., Australia, Russia, etc., as the state announced the move to regulate crypto assets. дальше »
2022-10-20 16:00
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South African rugby icon Siya Kolisi headlines new crypto advertising campaign
The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa. дальше »
2022-8-29 16:14
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Celsius has finally filed for bankruptcy: Law Decoded, July 18-25
A crypto lending platform still hopes to stay afloat, but experts doubt such probability.
дальше »2022-7-19 23:30
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South African Firm Raises $150 Million To Introduce Crypto Water Tokens Dubbed H2ON
H2O Securities, an infrastructural firm based in South Africa, generated $150 million to introduce crypto water tokens. The company landed the funds from the investment of GEM Digital, a global investment company. дальше »
2022-7-6 11:00
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Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era
A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space.
дальше »2022-4-19 00:25
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Crypto Exchange Binance Stops Derivatives In South Africa Amid Regulatory War
Binance’s regulatory war continues as the crypto exchange announces it will no longer offer derivatives products in South Africa. Binance Ceases Derivatives-Related Products For Users In South Africa As per an announcement on the crypto exchange’s website, users from South Africa can no longer access derivatives offerings on the platform. дальше »
2021-10-11 22:00
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47% of South Africans own Bitcoin (BTC), holding $70 worth on average
As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. дальше »
2021-9-17 10:00
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Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC
CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. дальше »
2021-9-6 00:00
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Following The Biggest Scam In Bitcoin History, South Africa To Tighten Crypto Regulation
After possibly the biggest scam in Bitcoin history, South African government moves to stiffen regulation regarding crypto assets. South Africa Responds To Bitcoin Scams Over the past couple of years, the nation has observed a series of crypto scams, including two of the biggest Bitcoin scams ever. The first of these was in 2020, when […] дальше »
2021-7-1 17:44
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Founder Behind Alleged $2.3 Billion Bitcoin Scam Pushes Against Victims’ Claims
The founder of an investment platform accused of stealing $2.3 billion in bitcoin has resurfaced to push back on those claims. дальше »
2021-6-30 19:40
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The Bumpy Road Before The Boom And Why Bitcoin Is About To Breakout
We take a look at various influences keeping the short term price down that also contribute to long term bullishness. дальше »
2021-6-29 01:17
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South African Brothers Escape With $3.6 Billion In Bitcoin
Two African brothers have disappeared, and so does the $3. 6 billion in bitcoin from their cryptocurrency investment platform. Biggest Scam In Bitcoin History? Africrypt is a cryptocurrency investment platform based in South Africa. дальше »
2021-6-24 21:17
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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. дальше »
2021-6-20 03:17
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$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. дальше »
2021-6-19 20:30
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African countries leads the pack in Bitcoin ‘peer-to-peer’ trading, data shows
Available data has shown that African countries are leading the pack when it comes to Bitcoin peer-to-peer (P2p) trading in recent times. The post African countries leads the pack in Bitcoin ‘peer-to-peer’ trading, data shows appeared first on CryptoSlate. дальше »
2021-6-15 10:00
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South Africa to revise national policy position on cryptocurrency
Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies.
дальше »2021-6-15 12:38
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South Africa’s Fintech Working Group Calls For Regulation of Crypto Exchanges
South Africa’s Intergovernmental Fintech Working Group released a new position paper on crypto-assets. In it, they call for the regulation of the country’s current cryptocurrency system. дальше »
2021-6-13 18:29
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‘In Africa the Utility of Cryptocurrencies Is Attractive’, Says Marius Reitz, Luno Africa GM
BeinCrypto spoke to Marius Reitz, the General Manager of Luno Africa. We discussed the growth of crypto in Africa, the hurdles, and what's in store for crypto across the continent. The post ‘In Africa the Utility of Cryptocurrencies Is Attractive’, Says Marius Reitz, Luno Africa GM appeared first on BeInCrypto. дальше »
2021-5-31 18:00
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South Africa Now Considering Both Retail and Wholesale CBDC
The SARB notes that the CBDC may serve as electronic digital tender, complementary to cash, for general purpose retail use. The post South Africa Now Considering Both Retail and Wholesale CBDC appeared first on BeInCrypto. дальше »
2021-5-26 16:30
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Indonesia Central Bank Looking to Launch a Sovereign Digital Currency
Bank Indonesia (BI), the central bank of the Republic of Indonesia, has joined other apex banks globally to explore central bank digital currency (CBDC), as the bank is planning to launch its digital currency amid a spike in online transactions. дальше »
2021-5-27 13:00
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Mastercard Payment Index: More Consumers in Three African Countries Plan to Use Crypto Based Payment Methods
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to use one emerging payment method in the coming year.” More Respondents […] дальше »
2021-5-12 07:00
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South Africa: FNZ Unveils Blockchain-based Solution for Funds Sector
Blockchain technology is being utilized for fund trading and settlement solutions by FNZ. FNZ Unveils ChainClear Solution According to a recent report by Ledger Insights, FNZ – a firm committed to enhancing client engagement, lowering costs, and delivering a seamless service to aid people achieve their financial goals – has launched ChainClear, a blockchain-enabled fundRead More дальше »
2021-3-25 15:00
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Nigeria SEC Freezes Crypto Proposals After CB Ruling
The move comes after the CBN issued a Feb. 5 circular regarding the legality of cryptocurrency in Nigeria. As a result, the SEC is halting processes connected to bringing people and products under the SEC Regulatory Incubation Framework. дальше »
2021-2-13 16:29
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South Africa Financial Regulator Issues Crypto Investment Warning
South Africa’s regulatory body, the Financial Sector Conduct Authority (FSCA) like other global regulators, has warned citizens to be wary of crypto investment schemes that sell hyperbolic returns on investment (ROI) amid crypto’s bull run. дальше »
2021-2-5 02:00
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Liquidators seek expanded probe of alleged South African Bitcoin scheme
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme. дальше »
2021-1-16 13:49
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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
дальше »2020-11-29 03:43
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South African Regulator Gets Tough in Sweeping Policy Proposal
The South African Financial Sector Conduct Authority (FSCA) has unveiled a draft cryptocurrency regulation policy framework. This proposal aims to bring all crypto trading and investment activities in the country under its close supervision. дальше »
2020-11-22 23:15
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South Africa: Government Panel Proposes Strict Crypto Regulations
An intergovernmental panel in South Africa comprising the central bank, treasury, and financial regulators is calling for the enactment of strict crypto regulations in the country. Strict Crypto Policing in South Africa In a paper published by the Intergovernmental Fintech Working Group (IFWG) in South Africa, the government panel argued for the establishment of aRead MoreRead More. дальше »
2020-4-18 17:00
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Cardano Partners South Africa National Blockchain Alliance to Foster Technology Adoption
On April 7, 2020, decentralized smart-contract platform Cardano (ADA) announced that it had partnered with the South African National Blockchain Alliance (SANBA) to explore ways to expand its footprint in the African country. дальше »
2020-4-9 15:00
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Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education
Changpeng Zhao announces the launch of fiat support for South African users
дальше »2020-3-15 04:00
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South Africa Looks to Blockchain to Reduce Unemployment
South Africa’s Presidency believes blockchain could improve mining systems and reduce unemployment in the country
дальше »2020-3-13 06:38
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Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts
Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset Exchange Customers According to South African crypto news outlet SACrypto, reports stating that Nedbank is planning to shut down bank accounts of crypto exchanges are false. дальше »
2020-1-26 14:00
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Unpacking the Potential of Blockchain and Infrastructure in Africa
Africa’s growing population, it’s economic potential, the significant shifts in the continent’s energy production: How soon Africa will become the world’s new blockchain hub?
дальше »2020-1-16 06:15
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South African Central Bank Rolls Out New Rules for Digital Assets
The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit Transfers According to local news reports, cited by BusinessReport, the new rules will be applied by the end of the first quarter in 2020. дальше »
2019-12-2 15:06
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Major South African Bank Closes Crypto Exchange Bank Accounts
FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut cryptocurrency regulations in South Africa may trigger a reversal of the policy. дальше »
2019-11-20 12:29
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Bitcoin Interest in Africa Booming as Nigeria, South Africa Top Google Trends
While interest in Bitcoin across China may be picking up again, the last 12 months have been dominated by Africa when it comes to Bitcoin fever. According to Google Trends, Nigeria and South Africa take the number one, and two, spot for searching the term Bitcoin in the last year. дальше »
2019-11-5 23:27
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