Posted inNEWS Regulations
FSCA Warns Against Unregulated Crypto Investment Firms in South Africa
The Financial Sector Conduct Authority (FSCA) has issued a strong warning against AfriInvest and MutualWealth,…
Posted inCrypto NEWS Regulations
South African Central Bank Chief Criticizes Crypto Lobbyists
Lesetja Kganyago, the governor of the South African Reserve Bank (SARB), criticized crypto advocates at…
Crypto Payments Now Accepted at 1,400 South African Car Dealerships
South African fintech startup 6DOT50 has partnered with BTS and Serti Solutions to facilitate cryptocurrency…
Posted inCrypto NEWS Regulations
South African Man Arrested for Bitcoin-Funded Terrorism
A 35-year-old man in Johannesburg was arrested for allegedly using Bitcoin to fund terrorism, violating…
Crypto Industry in South Africa Booms in 2024
2024 was a strong year for South Africa's cryptocurrency market, heightened by significant growth and…
Posted inCrypto NEWS Regulations
South African bank restricts customers from sending funds to crypto exchanges
Capitec, a major South African retail bank, has decided to stop customers from making EFT…
Posted inCrypto NEWS Regulations
South Africa Tax Agency wants crypto users to declare assets
A warning has been issued to anyone holding or trading cryptocurrencies in South Africa by…
Posted inBlockchain Crypto NEWS Regulations
South Africa is the most friendly crypto country in Africa compared to Nigeria.
South Africa is positioning itself as the most friendly crypto country for digital assets, as…
Posted inCrypto NEWS Regulations
South Africa to Tax Crypto Traders in the region
The South African Revenue Service (SARS) is updating its regulations and issuing tax notifications to…
Posted inNEWS Regulations
South Africa Eyes Stablecoins and Blockchain to Enhance Digital Payment Efficiency
The 2024 budget review of South Africa emphasized the necessity for structural changes and a…
Posted inBitcoin Economy NEWS Regulations
Regulations: South African Crypto Regulators Will Start Issuing out first Set Of Licenses
Roughly 50 cryptocurrency firms are currently in the process of awaiting approval for their applications.…
Posted inNEWS Regulations
Financial Institutions In South Africa To Offer Services Related to Cryptocurrencies
An executive ad Luno had said that about 73 applicants who are seeking a license…
South Africa Stablecoin Gets Management Team.
The South African financial services giant Old Mutual has reportedly been designated the manager of…
Snapshot on Africa Economic Performance By The Beginning of Q4 2022; So Far .
Nigeria As of the first quarter of 2022, Nigeria’s public debt rose to N41.6 trillion…
South Africa Rugby Star, Siya Kolisi Is The Face Of A New Crypto Ad.
South Africa National rugby captain Siya Kolisi will lead a two-year educational cryptocurrency advertising campaign…
Posted inNEWS
Binance Adds Instant Fiat Gateway for the South African Rand (ZAR)
Binance in a new blog post announced the launch of an instant fiat gateway for…
South Africa Reserve Bank (SARB) Ask Banks To Maintain Links With Crypto.
The Prudential Authority of the South Africa apex regulatory bank, the Reserve Bank of South…
NFT Adoption In South Africa Tops Other Developing Countries: Research Shows.
South Africa has the twelfth-highest NFT adoption rate in the world, according to the latest survey…
Posted inRegulations
Terrorist Groups Exploits South Africa Financial Institutions, Also Seeks Crypto Donations.
Accomplices of the terrorist network, the Islamic State (IS) who are on rampage in Africa…
Little Above Half Of South Africans Has Zero Awareness Of Cryptocurrency.
The latest findings of Merchant’s consumer survey study shows that little over half of South…
Posted inNEWS
South Africa Plans To Regulate Crypto As A Financial Asset.
South Africa’s Reserve Bank SARB will regulate cryptocurrencies as financial assets, and new laws are…
Posted inNEWS
Alleged Crypto Fraud, XMR Ex Executive Faces 378 Charges In South Africa.
Riccardo Spagni, the former maintainer of the privacy coin Monero (XMR), also known as Fluffypony,…
Posted inNEWS
Crypto.com To Introduces Rand Wallet For South Africa.
Cryptocurrency exchange Crypto.com has announced that it is launching a rand wallet, non-rand fiat wallets…
Posted inNEWS
South African Radio OAP Accused of Bitcoin Fraud Threatens Legal Action.
Sebasa Mogale, the South African Thobela FM presenter accused of swindling investors through his bitcoin…
Posted inNEWS
Crypto Investors Made $162.7 Billion Gains In 2021, South Africa Among Top 50 Gainers.
Overall, across all cryptocurrencies Chainalysis tracks, investors around the world showed total gains of $162.7…