News
Crypto adoption appears to be growing across the continent of Africa.
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South Africa News
South Africa has the second largest economy in Africa, with large agricultural and tourism sectors. It also has a high poverty rate and is one of the top 10 countries for income inequality. The South African population is widely diverse and South African news indicates there are numerous racial, cultural and ethnic conflicts. Still, South Africa is considered, potentially, to be one of the most developed African countries in terms of their economy, infrastructure and investment strategies. South Africa haven’t provided any legal status or regulatory framework concerning cryptocurrencies until 2018, when the South African Revenue Service released a statement, saying cryptocurrency would be a taxable object. The South African Reserve Bank is working with blockchain-based solutions provider Bankymoon to test new cryptocurrency regulations.
- News
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world.
4253 - News
In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand.
6573 - Opinion
Blockchain technology could help the African gold industry boost the continent’s economic growth, even during the coronavirus pandemic.
4696 - News
In its most recent position paper, the IFWG labeled crypto as a possible (but unlikely) threat to South Africa's monetary system.
1668 - Analysis
A South African team is building a blockchain-powered COVID-19 status verification app, using a different approach to Russian, Chinese solutions.
3393 - News
The Cardano Foundation looks forward to strengthening South Africa’s blockchain awareness.
4857 - Analysis
Health care, identity management and renewable energy are some of the non-financial blockchain use-cases gaining popularity in Africa.
2309 - Event Recap
The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together.
1898 - Event Recap
Blockchain technology has taken center stage in Africa — but where’s the continent at when it comes to cryptocurrency trading?
1427 - Event Recap
Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context.
2197 - Analysis
The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency.
11875 - News
Binance CEO announces launch of forthcoming fiat support for South Africa.
8238 - Event Recap
Industry experts tout blockchain as a development driver in Africa across a number of sectors at the Blockchain Africa conference.
7882 - News
The South African Presidency is touting blockchain technology to reduce unemployment and drive GDP growth in the country.
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