VALR receives two licenses from South Africa’s Financial Sector Conduct Authority following new requirements for exchanges in the country.
South Africa News
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Applications poured in before the Nov. 30 deadline, so more approvals could be on the way.
11162South Africa’s 2024 budget review highlighted the need for structural reforms and a focus on improving public financial management.
3485Cartesi developer advocate Jathin Jagannath expressed the importance of improved digital literacy, stating that a skilled workforce and user base are crucial for successfully integrating Web3 technologies.
3391Coinbase integrated Yellow Card’s payment rails, enabling Coinbase customers in Africa to more easily on and off-ramp between fiat and crypto, including USD Coin.
4809African nations were busy introducing various initiatives for cryptocurrencies in 2023. Read about the most significant innovations and crypto-related progress made during the year.
2164The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
14156A common currency would be challenging for Brazil, Russia, India, China and South Africa to initiate and maintain, but it could have an impact on Bitcoin, investment strategist Lyn Alden says.
44147South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023.
2140South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.
4134While Musk has a bigger frame and height advantage by being 6-foot-1, Zuckerberg has now been training in Brazilian jiu-jitsu for nine months.
8286Bitcoin has a marketing problem, but journalist and BTC evangelist Joe Hall is doing his best to fix it.
5904South African cricket icon AB de Villiers trades his bat for Web3 as he discusses his love affair with NFTs and a partnership with a novel Ethereum-based investment platform.
5149The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary penalty ordered in a CFTC case.”
9354Nigerian crypto exchange Roqqu has received the green light to operate in South Africa, providing on and off-ramps to South Africa’s rand currency.
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