Posted inEvents Fintech General News
SA Competition Commission Pushes Google, Meta to Pay Local Media
South Africa’s Competition Commission is pushing global tech firms like Google, Meta, and X to…
Posted inPolitics
South Africa Crypto Firms December Deadline To Get Their Licenses.
South Africa will require that crypto exchanges in the country operate with licenses by the…
Posted inPolitics
South Africa Plans To Get Crypto Firms In The Country To Apply For License.
Cryptocurrency companies interested in doing business in South Africa will need to apply for a…
Posted inNEWS
South African Currency, Rand Falls to New Low Against the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
The forex exchange rate of the South African currency Rand, against the dollar fell to…
Posted inGeneral News
South Africa’s Minister Cautions BRIC Nation Over Rush For Common Currency.
South Africa's minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and…
Posted inFintech NEWS Technology
Nigeria Missing As Kenya, South Africa Leads In Global Innovation Index Report 2022.
Mauritius, South Africa, Botswana, Kenya and Morocco, in latest inovative economies global report, ranked far…
Posted inEconomy NEWS Regulations
South Africa’s Net Foreign Reserves Hits $54.844 Billion, As The Nation’s Currency Rand Appreciates Against Dollar.
South Africa's net foreign reserves rose to $54.844 billion in January from $53.827 billion in…
Posted inFintech NEWS Technology
Lagos, Ibadan Leads As Top African Crypto Hubs Among Top 50 Global Crypto Thriving Cities
A recent research released by Recap, a global financial research organisation shows that among the…
Posted inEconomy NEWS Regulations Trading
South Africa Mandates Risk Warnings On Crypto Adverts With New Advert Regulatory Code.
South Africa’s Advertising Regulatory Board (ARB) has included a new clause for the cryptocurrency industry…
Posted inNEWS Technology
South African Hacker Group Stole Millions In Funds From Cloud Platforms To Run Crypto Mining Venture.
In a latest report by cybersecurity firm Unit 42, South Africa based hacker group “Automated…
South Africa Digital Only Bank Introduces Crypto Payment Gateway.
Recently, a South African digital-only bank (also known as a “neo bank”), Be Mobile Africa,…
South Africa Begins Taxation On All Crypto Related Businesses.
The South African government through the lawmakers has added persons operating crypto-related businesses on the…
Posted inNEWS
South Africa Crypto Broker OVEX Cut Ties With FTX, As FTX Loses The Country’s License.
South African cryptocurrency market maker OVEX has canceled and removed FTX as a juristic representative,…
Posted inEconomy NEWS Regulations
Crypto Classified As Financial Product, In South Africa’s Latest Adoption Move.
All Crypto assets henceforth will be identified as financial products in South Africa, to make…
Binance Futures Trading Is Back For South African Users.
Binance, leading global cryptocurrencies trading exchange, has announced the return of its futures products to…
South Africa’s Banking Giant, Nedbank Acquires a Village In The Metaverse.
The South African giant financial services group, Nedbank reportedly acquired a “village” in the Ubuntu…
Posted inNEWS
Report Your Crypto Payments, South Africa Revenue Service Warns Businesses.
Failure to declare payments from any form of cryptocurrency business can attract penalties upto to…
Posted inCyber Security
FBI Jumps Into the Alleged South African Mirror Trading Crypto Scam in 2020
The Federal Bureau of Investigation is joining investigators into one of the largest alleged crypto…
Posted inBitcoin Regulations
SARS Requests South Africa Exchanges for Client Data
SARS Requests South Africa Exchanges for Client Data AltCoinTrader, VALR, and Luno have confirmed that…
Posted inNEWS Regulations
South Africa Government to regulate crypto trading Due to Increased Scam Activities
South African regulators are seeking to exercise more control over cryptocurrency trading, coming after the collapse of what was asserted to be the largest Ponzi scheme the country has ever seen.
Posted inNEWS
Binance Opens Fiat Deposit and Withdrawal for South Africans
Binance has launched a brand new fiat funding option for the Binance users in South Africa. The new fiat channel will act as both a fiat on- and off-ramp, allowing South Africans to deposit and withdraw funds to/from their Binance account using your local bank account.
Posted inBlockchain NEWS
South Africa’s Standard Bank Taps into Contour Letter of Credit Blockchain
South Africa’s Standard Bank is moving into the Contour blockchain trade finance network via Letter of Credit Blockchain.
Posted inNEWS
FSCA South Africa Warns Investors in Press Release Concerning the Activities of Mirror Trading International
Financial Services Conduct Authority (FSCA) of South Africa have put out a Press Statement notifying…
Posted inBitcoin
An Accused Crypto Fraudster, Willie Breedt Flees South Africa to Mozambique.
The accused seven-figures crypto fraudster has fled from South Africa to Mozambique according to reports.
Africa Sets New All-Time High of N5.076 Billion Naira in Peer-to-Peer Bitcoin Trades With Nigeria Covering Over N3.631 Billion Naira.
Just in, Africa sets a new All-Time high of N5.076 Billion Naira in peer-to-peer Bitcoin trades across 18 African countries with Nigeria covering over N3.631 Billion Naira.