Interview
A 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.
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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.
- Newsletter
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023.
1933 - News
South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.
3801 - News
While 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.
7952 - Podcast
Bitcoin has a marketing problem, but journalist and BTC evangelist Joe Hall is doing his best to fix it.
5778 - Interview
South 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.
4714 - News
The 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.”
8947 - News
Nigerian crypto exchange Roqqu has received the green light to operate in South Africa, providing on and off-ramps to South Africa’s rand currency.
2857 - News
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
2516 - News
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.
16395 - News
Grocery retailer Pick n Pay is now accepting Bitcoin payments via the Lightning Network nationwide following a three-month testing phase.
11024 - News
Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board.
11905 - News
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs.
7922 - New Year Special
While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.
3095 - Analysis
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world.
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