Bitcoin News / Bitcoin.com - 1 month ago
A South African regulator has said it plans to issue licenses to 60 crypto platforms by the end of March. The Financial Sector Conduct Authority has said it is still processing the more than 300 applications it received late last year. South African...
Bitcoin News / Bitcoinist - 1 month ago
According to a recent Reuters report, South Africa’s Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for crypto businesses. This significant development comes as Africa’s most industrialized economy takes prog...
Cryptocoins News / Finance Magnates - 1 month ago
South Africa is planning to license approximately 60 cryptocurrency platforms by the end of March. According to a report by Bloomberg, this initiative by the Financial Sector Conduct Authority (FSCA) underscores the nation's proactive approach toward...
Bitcoin News / Bitcoin.com - 1 month ago
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto asse...
Bitcoin News / Bitcoin.com - 2 months ago
The head of enforcement at South Africa’s financial industry watchdog said on Jan. 24 that he expects the organization to decide the fate of 50 crypto firms’ license applicants in the coming weeks. The watchdog stated that from the more than 100 enti...
Bitcoin News / Bitcoin.com - 2 months ago
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining...
Bitcoin News / Bitcoin.com - 4 months ago
About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno...
Bitcoin News / Bitcoin.com - 4 months ago
Johann Steynberg, the imprisoned CEO of Mirror Trading International, a South African Bitcoin scam entity, is allegedly receiving preferential treatment in a Brazilian prison. The General Directorate of Penitentiary Administration (DGAP) has confirme...
Cryptocoins News / The Cointelegraph - 4 months ago
The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers. South Africa’s principal...
Bitcoin News / Bitcoin.com - 4 months ago
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn t...
Bitcoin News / Bitcoin.com - 4 months ago
Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the younger...
Cryptocoins News / Finance Magnates - 4 months ago
In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth has paved the way for a series of dynamic partnerships between Mobile Network Operators, cryptocu...
Bitcoin News / Bitcoin.com - 4 months ago
A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with bitcoin (B...
Bitcoin News / Bitcoin.com - 4 months ago
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ab...
Bitcoin News / Bitcoin.com - 5 months ago
South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network. Inves Capital’s managing director said “crypto is entering a new phase̶...
Bitcoin News / Bitcoin.com - 5 months ago
A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators...
Bitcoin News / Bitcoin.com - 6 months ago
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to m...
Bitcoin News / Google News Bitcoin - 6 months ago
Big move for Bitcoin payments in South Africa& & BusinessTech
Bitcoin News / Bitcoin.com - 6 months ago
Valr, the South Africa-based crypto exchange, recently said it had won initial approval from the Dubai virtual assets regulator. The crypto exchange’s Head of Growth, Blake Player, said Valr has been attracted by the Middle East region’s significant...
Bitcoin News / Bitcoin.com - 6 months ago
Bybit announced on Oct. 2 that it will be offering its crypto derivatives products in South Africa through Money Doc which acts as the crypto exchange’s “juristic representative.” The crypto exchange said its on-ramp service enables...
Bitcoin News / Bitcoin.com - 6 months ago
Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected i...
More / Bitcoin Reddit - 6 months ago
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Bitcoin News / Google News Bitcoin - 7 months ago
Binance Boosts Bitcoin, Ether Trading in Argentine, Brazilian, South African Currencies With Fee Promotion& & Yahoo Finance
Bitcoin News / Google News Bitcoin - 7 months ago
CFTC Says South African Co. MTI Fined Over $1.7B in Bitcoin Scam& & Bloomberg Law
