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Nalezeno "south africa": 401

The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List

20.11.2024
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued...

Bulgarian ‘Cryptoqueen’ Alive, Hiding in South Africa: Report

13.11.2024
A German report claims fugitive Ruja Ignatova, the “Cryptoqueen,” is alive and living in a wealthy Cape Town neighborhood in South Africa. Ignatova’s Family Shows No Signs of Mourning Fugitive Ruja Ignatova, as known as the Cryptoqueen and founder of Onecoin, is alive...

South Africa’s Tax Agency Adds Crypto to Compliance Programs

13.10.2024
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about...

BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies

11.10.2024
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’ growing share of global GDP, now at 36.7%, and...

BRICS More Attractive Than EU, Says Serbia’s Vulin

10.10.2024
Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions like the EU, stressing cooperation based on respect...

North Korea Signals Closer BRICS Relations Amid Growing Russia Ties

25.9.2024
North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North...

Network Latency Drives Solana Validator to South Africa’s Commercial Hub

14.9.2024
Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security...

BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals

13.9.2024
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...

Turkey Seeks to Join BRICS to Strengthen Global Influence

4.9.2024
Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity...

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