Bitcoin News / Bitcoin.com - 1 year ago
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationshi...
Bitcoin News / Google News Bitcoin - 1 year ago
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say – Regulation Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto inve...
Bitcoin News / Bitcoin.com - 1 year ago
Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four Sout...
Bitcoin News / Bitcoin.com - 1 year ago
About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respondents said they would only invest in cryptocurren...
by COINS NEWS - 1 year ago
tldr; South Africa's cryptocurrency adoption rate could increase if domestic financial institutions embrace the asset class, according to a study by Merchants. 53% of South Africans have little to no knowledge of cryptocurrencies, while only 14% hav...
Cryptocoins News / CryptoNinjas - 1 year ago
Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat.
XEU enables purchases, transfers, and payouts in euros, securely, compliantly,...
Bitcoin News / Bitcoin.com - 1 year ago
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni a...
Bitcoin News / Google News Bitcoin - 1 year ago
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizati...
Bitcoin News / Bitcoin.com - 1 year ago
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and or...
Bitcoin News / Google News Bitcoin - 1 year ago
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a crypto...
Bitcoin News / Google News Bitcoin - 1 year ago
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering the regulatory activities expected to start next...
Bitcoin News / Bitcoinist - 1 year ago
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering the regulatory activities expected to start next...
Cryptocoins News / The Cointelegraph - 1 year ago
South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.
The move to classify cryptocurrencies as financial assets and not...
Cryptocoins News / The Cointelegraph - 1 year ago
The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation.
Cryptocurrency use in South Africa is in a healthy space,...
Bitcoin News / Google News Bitcoin - 1 year ago
The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation.
Cryptocurrency use in South Africa is in a healthy space,...
Bitcoin News / Bitcoin.com - 1 year ago
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint a...
Bitcoin News / Google News Bitcoin - 1 year ago
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint an...
Bitcoin News / Google News Bitcoin - 1 year ago
The Commodity Futures Trading Commission has charged a South African commodity pool operator and its CEO with allegedly running a fraudulent multilevel marketing scheme that took in over $1.7 billion worth of bitcoin from at least 23,000 investors....
Bitcoin News / Bitcoin.com - 1 year ago
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentraliz...
Bitcoin News / Bitcoinist - 1 year ago
H2O Securities, an infrastructural firm based in South Africa, generated $150 million to introduce crypto water tokens. The company landed the funds from the investment of GEM Digital, a global investment company.
According to the operational plans o...
Cryptocoins News / The Cointelegraph - 1 year ago
Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.In a Thursday court filing for the Middle District of Tennessee, Magistrate Judg...
Cryptocoins News / The Cointelegraph - 1 year ago
Riccardo Spagni, the former maintainer of the privacy coin Monero (XMR), also known as Fluffypony, faces extradition to South Africa months after his arrest by U.S. authorities.In a Thursday court filing for the Middle District of Tennessee, Magistra...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Commodity Futures Trading Commission, or CFTC, has taken enforcement action against a South African national in what the regulatory body called its “largest fraudulent scheme involving Bitcoin.”In a Thursday announcement, the CFTC s...