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.
A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings.
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
Africa’s top golfers are set to receive Bitcoin prize money after ground-breaking sponsorship of the Sunshine Tour.
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
"Freedom Day means you are free to use your own money to live your best life," said BitcoinZAR, a Bitcoin advocate in South Africa.
On Freedom Day, Bitcoin gives South Africans a stake in their financial future
Okay Bears, a Solana-powered NFT topped OpenSea’s 24-hour sales charts on Thursday, while a South African fine-wine NFT auction takes off netting raising more t...
Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding c...
Wildlife conservation efforts turn to NFT-funded initiatives
A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space.
Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses...
South Africa finishes technical PoC for wholesale CBDC settlement system