News about AFRICA

News about Africa

Bitcoin Mining Is Helping People In Africa - Bitcoin Magazine

Bitcoin Mining Is Helping People In Africa& & Bitcoin Magazine

Nairobi-based FinTech Mara Launches African Crypto Wallet Service

A new crypto project called Mara has now been introduced to the African crypto ecosystem. This project is backed by Coinbase Ventures, FTX-affiliated Alameda Research, Huobi Ventures, and other prominent venture capital firms and angel investors in t...

Coinbase Backed Mara Set To Introduce Crypto Wallet Service Across Africa

Many continents make impressive progress in the crypto space, and Africa is not left out. Many people and even businesses from Africa have plunged into crypto sphere. Gradually, digital assets are becoming a lucrative option in the continent. Such gr...

Coinbase, Alameda-backed Mara launches African crypto wallet service

Africa’s cryptocurrency landscape welcomes a new crypto wallet backed by global firms in the ecosystem. Some 2 million users in Nigeria and Kenya are set to be onboard...

South African crypto landscape primed for TradFi growth after FSCA ruling

Industry insiders believe South Africa’s move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector. South African f...

African Crypto Exchange To Expand Operations Post Regulatory Approval

Many countries globally have created licenses permitting crypto-related firms’ operations. This step is a measure to monitor and control the functions of such companies. Therefore every crypto firm aiming to operate in such jurisdictions must g...

Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana

Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority...

African Crypto Exchange Yellow Card Taps VASP License in Botswana

Pan-African exchange Yellow Card has tapped the VASP license to operate in Botswana (Read More)

Pan-African crypto exchange Yellow Card wins virtual asset license

Yellow Card’s CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country. African crypto exchange Yell...

Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News - Bitcoin News

Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News& & Bitcoin News

Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog

According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as...

South Africa Declares Crypto Assets to be a Financial Product

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Powering African Youth’s Financial Revolution With Bitcoin - Bitcoin Magazine

Powering African Youth’s Financial Revolution With Bitcoin& & Bitcoin Magazine

Powering African Youth’s Financial Revolution With Bitcoin

There are various initiatives designed to empower Africans to educate themselves on Bitcoin and exercise their own financial sovereignty.This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration stude...

South African crypto platforms must be licensed in 2023

submitted by /u/SakuraNinja12 [link] [comments]

South Africa recently declared bitcoin and other cryptocurrencies to be financial products. Here’s what we know - Business Insider Africa

South Africa recently declared bitcoin and other cryptocurrencies to be financial products. Here’s what we know& & Business Insider Africa

21 year old man sentenced to 18 months in prison for bitcoin 'scam in Morocco - Africanews English

21 year old man sentenced to 18 months in prison for bitcoin 'scam in Morocco& & Africanews English

WhatsApp scam – South Africans lose millions in crypto pyramid scheme

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South African Financial Sector Regulator Declares Crypto Assets a Financial Product

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial pro...

South Africa Classifies Crypto as Financial Assets

The country appears to be developing regulations consistent with those being developed by other regulators in the global market. (Read More)

South Africa declares crypto to be a financial product subject to financial services law

The declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance....

Crypto Assets to Be Treated as Financial Products in South Africa - Bloomberg

Adoption! submitted by /u/ZZ3xhZz [link] [comments]

African Crypto Traders Get a Community-Driven Token Created By CYF

African development-focused platform CYF, or Community Yield Farming has developed a community-driven token solely for crypto traders in Africa. (Read More)

South African Non-Profit Bitcoin Ekasi Opens Education Center - CoinDesk

South African Non-Profit Bitcoin Ekasi Opens Education Center& & CoinDesk

Bitcoin Ekasi Launches Financial Education Center In South Africa

The center will focus on financial literacy, foundational mathematics and English skills for the youth while providing Bitcoin education to older cohorts.Bitcoin Ekasi, a circular bitcoin economy located in South Africa, has opened the Bitcoin Ekasi...

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