Bitcoin News / Bitcoin.com - 3 days ago
Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales h...
Bitcoin News / Bitcoin.com - 3 days ago
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in B...
Bitcoin News / Bitcoin.com - 4 days ago
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South...
Bitcoin News / Bitcoin.com - 6 days ago
While discussions about AI’s societal impact dominate globally, Africa’s limited internet access and other realities make widespread AI adoption on the continent unlikely. This points to the need for practical solutions before debating...
Bitcoin News / Bitcoin.com - 1 week ago
African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma...
Cryptocoins News / Blockchain - 1 week ago
Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases. (Read More)
Bitcoin News / Bitcoin.com - 1 week ago
Russia, India, and several African nations are accelerating dedollarization, embracing national currencies in trade to enhance economic independence and reduce reliance on the U.S. dollar. Global Trade Gets a Shake-Up as Powers Pivot from the US Doll...
Bitcoin News / Bitcoin.com - 2 weeks ago
The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation...
Bitcoin News / Bitcoin.com - 2 weeks ago
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (P...
Cryptocoins News / Finance Magnates - 3 weeks ago
Africa's
cryptocurrency adoption is surging, with Telegram-based crypto communities
growing by an unprecedented 189% since early 2023, according to new research
from cryptocurrency exchange Bitget. The findings highlight a significant shift
in global...
Bitcoin News / Bitcoin.com - 1 month ago
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions fro...
Bitcoin News / Bitcoin.com - 1 month ago
A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investig...
Bitcoin News / Bitcoin.com - 1 month ago
South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is necess...
Bitcoin News / Bitcoin.com - 1 month ago
Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins o...
Bitcoin News / Bitcoin.com - 1 month ago
Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets m...
Cryptocoins News / Finance Magnates - 1 month ago
Binance has expanded its services in Africa. The platform
now allows users in Benin, Cameroon, Ivory Coast, the Democratic Republic of
Congo (DRC), Togo, and Senegal to purchase cryptocurrency using mobile money
payments. This feature is made possibl...
Bitcoin News / Bitcoin.com - 1 month ago
Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay’s on-ramp product will utilize Yellow Card’s payment infrastructure in 20 African countries, allowing users to purchase crypto with t...
Bitcoin News / Bitcoinist - 1 month ago
In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP).
Given the increasing popu...
Bitcoin News / Bitcoin.com - 1 month ago
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue...