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South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures
3.7.2025
Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained...
South Africa Central Bank Argues ‘Outdated’ Exchange Control Law Still Valid for Crypto Regulation
5.6.2025
The South African central bank has appealed a High Court ruling that criticized its use of an outdated exchange control law to regulate cryptocurrencies. Central Bank Says High Court Erred The South African Reserve Bank (SARB) has appealed a High Court ruling that criticized the central...
South African Judge Slams Central Bank for Using Apartheid-Era Laws to Regulate Crypto
1.6.2025
A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African Reserve Bank (SARB)...
Multichoice’s Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use
1.6.2025
Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency...
Buying Fractional Gold: South Africa’s Mesh.trade Offers Tokenized Krugerrands
24.4.2025
South Africa’s tokenized financial assets exchange, Mesh.trade, has reportedly launched Bullion Krugerrand tokens issued by Troygold, allowing investors to buy fractional gold holdings stored securely at Brink’s in Johannesburg. Each purchase generates a gold ownership certificate confirming...
Binance Sets New Crypto Transfer Requirements for South African Users
24.4.2025
Binance tightens crypto transfer rules in South Africa, enforcing user identity checks and compliance prompts starting this month. New Binance Regulations Demand Sender and Receiver Info for South African Crypto Transfers Crypto exchange Binance announced on April 22 that it will begin requiring...
FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms
30.3.2025
South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s...
South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto
18.3.2025
Hackers recently breached the South African Parliament’s social media accounts, including X, Facebook, and Youtube, to promote a fake cryptocurrency named after President Cyril Ramaphosa. Fake Token Created 24 Hours Before Breach On March 15, the hacked social media accounts of the South...
MTI Co-Mastermind Clynton Marks Arrested Over Unanswered Questions
13.3.2025
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his account. Marks’ Answers Unsatisfactory Clynton Marks, one of the alleged masterminds of the South...
VALR Founder: Bitcoin’s History of Value Appreciation Makes It an Ideal Treasury Asset
9.3.2025
Farzam Ehsani, CEO of VALR, argue that Bitcoin’s decentralized and limited supply make it an attractive hedge against inflation and currency risk. Bitcoin a Hedge Against Currency Depreciation As South African firm Altvest Capital makes headlines as the first publicly traded company to adopt...
Bitget Enables South African Rand Deposits and Withdrawals via Callpay
26.2.2025
Bitget, a Seychelles-based crypto exchange, has partnered with Callpay to enable South African Rand (ZAR) deposits and withdrawals. Streamlining Fiat-Crypto Transactions The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it had integrated with the payment solutions provider...
Study: South Africa’s DeFi Market Volume Set to Hit $180M by 2028
25.2.2025
A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance...
U.S.-South Africa Tensions Escalate: Trump Threatens to Cut Aid Over Land Expropriation Act
3.2.2025
Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question The tiff between the United States and South Africa appeared to worsen on Feb....
South African Court Sets Bail for Man Accused of Sending Bitcoin to Terrorists
31.1.2025
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic State […]
Microsoft’s Ambitious Plan: Train 1 Million South Africans in AI and Cybersecurity
28.1.2025
Microsoft has announced plans to train 1 million people in South Africa on artificial intelligence (AI) and cybersecurity skills by 2026. This initiative, part of Microsoft’s broader efforts to empower individuals and businesses across Africa, aims to equip South Africans with the necessary...
South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture
23.1.2025
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank...
How to buy Bitcoin in South Africa
20.1.2025
Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet
How to buy Bitcoin in South Africa
20.1.2025
Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet
How to buy Bitcoin in South Africa
20.1.2025
Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet
How to buy Bitcoin in South Africa
20.1.2025
Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet