As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto.
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.
- Follow up
- Opinion
Africa is the fastest-growing mobile market and it could possibly make this continent the world’s biggest payment systems based on blockchain tech and unbanked ...
- New Year Special
Data clearly suggests a link between Bitcoin’s price volatility and global Google searches for the top crypto.
- News
The South African Reserve Bank is reportedly going to impose new regulations for the use of digital currencies in a bid to deter crypto users from evading curre...
- Explained
Many African consumers are fed up with the status quo of local currencies and existing payment platforms — and believe crypto could be t...
- News
FirstRand Bank has said it will no longer serve exchanges after March 2020, while at least one of those affected says it already has alternative arrangements in...
- News
by Joeri Cant
The creation of a new cryptocurrency for BRICS member nations was discussed at the 11th annual BRICS Summit 2019.
- News
Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week.
- News
Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoin.
- News
Computer scientist and general manager of WeWork South Africa Stafford Masie says that Bitcoin will change the future of humanity more than any other tech innov...
- Expert Take
by Cyrus Ip
What could make South Africa become the next fastest-growing crypto market? How the country is emerging as a crypto leader of the continent.
- News
by Helen Partz
South Africa’s crypto exchange Luno reaches three million wallets, reporting a surge of trading volumes in August.
- News
Zimbabwean and South African bitcoin traders are facing a major surcharge on the coin.
- News
by Ana Berman
Standard Bank will launch its private permissioned blockchain for overseas exchange trades with the participation of its Ugandan partner.
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