Bitcoin News / Bitcoin.com - 1 year ago
South Africa’s economic well-being is dependent on trade relations with the West, and therefore attempts to bolster relationships with BRICS must not be at the expense of ties to the West, the leader of a South African business association has...
Cryptocoins News / Blockchain - 1 year ago
Bundle Africa is discontinuing its exchange services to focus on Cashlink, a Web3 payment solution. Users are advised to withdraw funds by September 10, 2023. The shift reflects the growing needs of the blockchain community. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, a...
Cryptocoins News / Finance Magnates - 1 year ago
Stablecoins, a
sort of cryptocurrency meant to maintain a stable value, have received a lot of
interest because of its potential to revolutionize financial institutions all
around the world. Stablecoins offer a possible alternative in places where
tr...
Cryptocoins News / The Cointelegraph - 1 year ago
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023. Last week saw more rules and regulat...
Bitcoin News / Bitcoin.com - 1 year ago
According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fine...
Cryptocoins News / The Cointelegraph - 1 year ago
South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. South Africa’s financial regulator has announced...
Cryptocoins News / The Cointelegraph - 1 year ago
South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. South Africa’s financial regulator has announced...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchanges operating in South Africa have
until November 30 to register with the country’s financial regulator. Those who
will not comply with the directive risk facing enforcement actions, including
fines or business closure, the Fin...
Bitcoin News / Bitcoinist - 1 year ago
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...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Crypto exchange operators in South Africa have until November 30 this year to apply for a license.This forms part of a plan by the country’s Financial Sector Conduct Authority designed to standardize the local industry and mitigate cryp...
Cryptocoins News / Blockchain - 1 year ago
According to Bloomberg, South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already receiv...
Bitcoin News / Bitcoin.com - 1 year ago
Some 40% of South African survey participants are familiar with the concept of Web3 and a further 80% believe the technology backing cryptocurrencies can “transform or fully rebuild the financial system,” according to the findings of a Co...
Bitcoin News / Bitcoin.com - 1 year ago
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Frid...
Bitcoin News / Bitcoin.com - 1 year ago
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0...
Bitcoin News / Bitcoin.com - 1 year ago
The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one...
Cryptocoins News / The Cointelegraph - 1 year ago
Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn’t the “casino” it can sometimes feel like in the West. While many investors in...
Bitcoin News / Bitcoin.com - 1 year ago
While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more s...