News
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.”
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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
Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack?
27473 - News
Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies.
8084 - News
“What we have seen with Bitcoin is price manipulation by one very powerful and influential individual," said Magda Wierzycka.
45630 - News
The South African Reserve Bank has begun exploratory studies on central bank digital currencies.
11185 - Event Recap
Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent.
23614 - Expert Take
The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies.
7027 - News
South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines.
14253 - Follow up
South African authorities will be keeping a close eye on the cryptocurrency space in 2021 in the wake of major scams and booming markets.
22017 - News
Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market.
7652 - News
The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency.
4176 - News
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme.
11537 - Analysis
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.
11897 - Overview
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.
3276 - News
African crypto adoption has exploded in 2020, prompting fears of a heavy-handed regulatory response
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