2025-3-28 09:00 |
A new bill introduced in South Carolina proposes the creation of a state-run Bitcoin reserve with a cap of 1 million BTC. Filed on Mar. 27, South Carolina’s Strategic Digital Assets Reserve Act seeks to give the state treasurer the… origin »
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On Mar. 17, 2025, the Bank of Korea made the first comment about the possibility of adding Bitcoin to its reserves. According to the statement, the central bank of the Republic of Korea is not interested in acquiring Bitcoin, and…
2025-3-19 13:35 | |
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The Bank of Korea rejects Bitcoin reserves, citing high volatility and transaction cost concerns. Global sentiment on Bitcoin reserves remains divided, with major economies exercising caution.
2025-3-18 23:00 | |
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South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to…
2025-3-17 08:54 | |
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South Korea might start exploring the possibility of adding Bitcoin to its reserves, following the example of the US
2025-3-6 18:34 | |
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The Johannesburg-headquartered Altvest Capital is seeking regulatory approval to raise $10 million, to make Bitcoin its primary reserve asset. Altvest Capital is planning to become the first listed company in Africa to adopt Bitcoin (BTC) as its primary treasury reserve…
2025-2-21 13:33 | |
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South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state’s investment strategy. House Bill 1202 (HB 1202) would allow the state to allocate 10% of its public funds to Bitcoin.
2025-1-31 00:45 | |
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Lawmakers in Kentucky and South Dakota are preparing to introduce legislation to establish a Bitcoin (BTC) reserve in the next few weeks, according to statements made on Jan. 28. South Dakota Representative Logan Manhart announced that he will introduce a bill in the South Dakota House to create a strategic Bitcoin reserve.
2025-1-29 01:15 | |
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The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto. According to a news report from South Korean news outlet Newsprime, Chairman…
2024-11-26 10:51 | |
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Argentina, Guatemala, Mexico, Colombia … or Suriname – which country will be the next to introduce a national Bitcoin strategy? Maybe the latest entry, Suriname! In a move that could position the small South American country at the forefront of the global movement, the South American nation is contemplating the adoption of BTC as a […]
2023-11-30 10:10 | |
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South Korea has set a new reserve requirement for crypto exchanges, mandating them to have at least $2.3 million in reserves. Cryptocurrency exchanges in South Korea with bank-issued real-name accounts will have to reserve 30% of their daily average deposits…
2023-8-29 10:20 | |
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South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2. 3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain.
2023-8-29 23:00 | |
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The new reserve requirement will reportedly protect users in case of unforeseen issues such as hacking or system failures. The post South Korean Crypto Exchanges Required to Hold Minimum Reserves Starting September appeared first on BeInCrypto.
2023-8-28 13:45 | |
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South Korea intensifies regulatory oversight of its crypto exchanges, mandates significant reserve holdings to protect consumers.
2023-8-28 13:30 | |
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Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based blockchain game developer Wemade Co.
2022-10-27 10:22 | |
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The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The post South African Central Bank Releases Crypto Risk-Assessment Note appeared first on BeInCrypto.
2022-8-21 17:00 | |
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The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.
2022-8-19 16:27 | |
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The deputy governor of the South African Reserve Bank has been accused of promoting misinformation surrounding the illicit use of cryptocurrencies. The post South African Bank Official Slammed for Spreading Misinformation About Crypto appeared first on BeInCrypto.
2022-8-4 20:00 | |
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South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view" to regarding crypto "as a financial asset that we hope to regulate."
2022-7-14 19:56 | |
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South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.
2022-7-14 14:00 | |
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The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. The post South African central bank mulls digital rand to streamline cross-border payments appeared first on CryptoSlate.
2022-5-20 17:45 | |
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The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
2022-4-9 10:18 | |
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Wildlife streaming service WildEarth is minting non-fungible tokens (NFTs) of game reserve animals to raise money for conservation. Sponsored Sponsored The NFTs will feature 25 of the most prominent animals on the Djuma Game Reserve in South Africa, like Tlalamba, a four-year-old leopard, who has become the most sought-after among buyers.
2022-2-5 16:44 | |
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According to the South African Reserve Bank (SARB), individuals may not use cross-border or foreign exchange transfers to purchase crypto assets. The post South African Central Bank Outlines FX Crypto Limits appeared first on BeInCrypto.
2021-6-28 15:34 | |
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South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged approach to bring crypto-assets within the regulatory remit through the regulation of crypto […]
2021-6-13 08:30 | |
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It seems like the South African Reserve Bank (SARB) now understands the importance of digital currencies alongside traditional fiat currency. Recently, the South African Reserve Bank (SARB) has announced the start of a feasibility study for a retail central bank digital currency (CBDC).
2021-5-28 13:00 | |
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The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa for general retail purposes. Study […]
2021-5-27 08:30 | |
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South Africa has taken its initial steps towards a central bank digital currency [CBDC]. South African Reserve Bank has begun to explore the feasibility of a fiat digital currency owing to the latest The post This country takes the first steps toward CBDC appeared first on AMBCrypto.
2021-5-26 23:30 | |
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The South African Reserve Bank has begun exploratory studies on central bank digital currencies.
2021-5-26 16:30 | |
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South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers.
2020-4-20 16:15 | |
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South Africa is one of the countries that has recorded rapid cryptocurrency growth recently. Be it the South African Reserve Bank [SARB] calling for solution providers to assist with the creation of aThe post Africa's millennials may be drawn to Bitcoin as a hedge against inflation appeared first on AMBCrypto.
2020-3-14 19:00 | |
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Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation.
2020-3-8 11:09 | |
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Be it South African Reserve Bank's [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin's interest spikiThe post Bitcoin interest spikes in Africa as region sees rising inflation appeared first on AMBCrypto.
2019-12-27 20:30 | |
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The South African Reserve Bank (SARB) is aiming to introduce new ‘crypto rules’ to crack-down on cryptocurrency use-cases in evading currency controls. The rules will likely come forth in the first quarter of 2020.
2019-12-2 16:52 | |
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The South African Reserve Bank will reportedly introduce new rules on cryptocurrencies to deter users from evading currency controls
2019-12-3 15:56 | |
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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.
2019-12-2 15:06 | |
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We have had Tulip Mania, the South Sea Bubble, the Dot-Com Crash, and the 2008 Housing bubble. Now, we are potentially heading towards the ‘Everything Bubble’ — but does this include Bitcoin? The global economy is currently on tenterhooks.
2019-10-21 21:59 | |
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While India awaits the Supreme Court’s decision over the Reserve Bank of India’s banking ban, South Korean Bithumb Global has been planning to expand on Indian shores. The South Korean exchange will be building a regulated exchange in the country, according to reports.
2019-10-3 09:30 | |
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Latest Ripple News The Financial Intelligence Centre (FIC), the Financial Sector Conduct Authority (FSCA), the National Treasury (NT), the South African Revenue Service (SARS) and the South African Reserve Bank (SARB) has submitted the very first in-depth consultation paper calling for public participation before policy makers draft the first crypto regulation of its kind in […] The post Ripple Price Analysis: XRP/USD Trajectory Clear, Strong Supports at 30 Cents appeared first on Ethereum World News.
2019-1-23 14:45 | |
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South Africa’s Reserve Bank (SARB) has taken a step forward in forming regulation for the crypto space, releasing a… The post South Africa’s Reserve Bank Releases Consultation Paper on Crypto Assets appeared first on Invest In Blockchain.
2019-1-23 08:50 | |
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South Africa’s reserve bank released a consultation paper that includes favorable recommendations and guidelines for the crypto asset industry in the country. However, the agency is not looking to treat Bitcoin and other digital currencies as ‘currency.
2019-1-23 01:28 | |
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South Africa is looking to foster the growth of the cryptocurrency sector by developing a positive regulatory framework
2019-1-23 20:10 | |
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A draft copy of a document outlining South Africa’s response to the rise of cryptocurrencies illustrates that although the threat of an outright ban is minimal, the SARB’s intentions represent a clear and existential threat to the anonymity of crypto assets in the country.
2019-1-22 20:02 | |
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Goldilocks found porridge that was just right. The SARB looks to do the same with South Africa's treatment of crypto asset providers.
2019-1-18 22:10 | |
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South Africa May De-anonymize Bitcoin Per an article from Business Insider’s South Africa-based branch, the Reserve Bank (Sarb) will be releasing a “policy paper” regarding Bitcoin (BTC) and the broader crypto ecosystem in the coming months.
2019-1-17 06:04 | |
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Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South African Reserve Bank (SARB), some hefty new regulation surrounding and exchanges and ATMs is about to be enforced.
2019-1-16 23:00 | |
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The financial authorities of South Africa are now looking for comments on a proposed policy that could enact changes that would offer more regulatory certainty in the country. This happened soon after the South African Reserve Bank (SARB) and the National Treasury decided to overhaul the current system that is being used in the country, […]
2018-12-7 17:41 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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CEO of Bitcoin.com, Roger Ver spoke about the growth and adoption of Bitcoin Cash [BCH] in South Korea, during an interview with South Korea’s SBS CNBC this Tuesday. He discussed the global concerns surrounding the cryptocurrency market as evidenced by the recent statement made by Jerome Powell, the Federal Reserve Board Chairman. Roger stated that […]
2018-9-21 11:47 | |
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After successfully trialing blockchain-based payments for wholesale interbank settlement, South Africa’s central bank has scooped up the award for Best Distributed Ledger Initiative at Central Banking’s “FinTech RegTech Global Awards 2018.
2018-9-11 00:00 | |
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Most Americans speculate whether crypto will generate any substantial value. Trump and his sons, meanwhile, raked in more than $800 million from sales of crypto assets in the first half of 2025 alone.
Were the 127,000 Bitcoin seized by U.S. agents actually criminal proceeds, or did they originate from the LuBian mining pool? Claims coming from China In a report, amplified by Global Times and PANews, CVERC accuses the U.S. government of orchestrating…
Bitcoin Magazine Kazakhstan Plans $1 Billion National Bitcoin and Crypto Reserve Fund Kazakhstan is preparing to establish a national cryptocurrency reserve fund worth between $500 million and $1 billion, a landmark step that could make the Central Asian nation one of the first to integrate digital assets into its sovereign wealth strategy.
Senator Cynthia Lummis believes the answer to America’s ballooning $37 trillion debt is Bitcoin. U.S. Senator Cynthia Lummis has once again spotlighted Bitcoin as a cornerstone of America’s financial future, declaring that a Strategic Bitcoin Reserve is the only realistic…
Brazil could be seeing a major shift in the country’s financial policy, as its central bank looks to discuss adding Bitcoin to its official reserves. Brazil’s central bank will be sending a team of officials to participate in the Central…
Bitcoin Magazine Germany Proposes National Bitcoin Reserve, Views Bitcoin as ‘State-Free’ Money The AfD submitted a motion last week urging the federal government to start adding Bitcoin to its long-term reserves.
Alternative for Germany or AfD, the second-largest party in the government, has introduced a motion to establish a strategic Bitcoin reserve following a similar move by France. On Oct. 29, the Alternative for Germany party, the second-largest opposition in the…