Search
BTC Ponzi Scheme Mastermind Suffers Heart Attack, Analyst Eyes $300K BTC Price, and More — Week in Review
5.5.2024
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, died of a heart attack while under house arrest in Brazil. A technical analyst predicts a significant surge in Bitcoin’s price, suggesting it could reach $300,000 during the upcoming aggressive phase of the bull...
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
5.5.2024
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation...
South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth
1.5.2024
VALR, the largest cryptocurrency exchange in South Africa, is set to offer its crypto asset services in Poland and is actively exploring opportunities in other jurisdictions worldwide.
The post South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth appeared first...
FMAS:24’s diverse attendance reflects the dynamic nature of Africa’s financial ecosystem
29.4.2024
With the Finance Magnates Africa Summit 2024 (FMAS:24) just around the corner, the anticipation is building for what promises to be a groundbreaking event in Africa’s financial services sector. Scheduled to take place from May 20 to 22 in SCC Sandton, South Africa, FMAS:24 is gearing up...
Can the Upcoming South Africa Elections Swing In Favor of Crypto?
29.4.2024
South Africa's approaching elections are unlikely to disrupt the country's progress in the realm of digital assets, according to several members of the crypto community.
The post Can the Upcoming South Africa Elections Swing In Favor of Crypto? appeared first on Cryptonews
South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers
29.4.2024
South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk
Bitcoin Events announces two exciting events in South Africa: Crypto Fest 2024 and Blockchain Africa Conference 2024
25.4.2024
Get ready for a double dose of excitement as Bitcoin Events proudly presents two premier events in South Africa: Crypto Fest 2024 and the Blockchain Africa Conference 2024. Crypto Fest 2024: A thrilling crypto extravaganza Prepare to immerse yourself in the dynamic world of cryptocurrency at...
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
24.4.2024
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading...
South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers
23.4.2024
South African regulator - Financial Sector Conduct Authority (FSCA) - has granted crypto license to 75 institutions including global crypto exchanges Luno and VALR.
The post South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers appeared first on Cryptonews
Crypto Exchange VALR Obtains South African License
15.4.2024
The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly
South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services
15.4.2024
South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from cryptocurrency platforms seeking to offer services to residents.
The post South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services...
Crypto Exchange Luno Receives License From South Africa’s Financial Regulator
11.4.2024
Cryptocurrency exchange Luno is one of the first firms to receive a license from the Financial Services Conduct Authority (FSCA) in South Africa, allowing the exchange to operate as a financial services provider in the country.
The post Crypto Exchange Luno Receives License From South Africa’s...
Luno Among First Crypto Firms to Receive South Africa License
11.4.2024
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April
South African Regulator Set to Issue Licenses to 60 Crypto Platforms by End of March
15.3.2024
A South African regulator has said it plans to issue licenses to 60 crypto platforms by the end of March. The Financial Sector Conduct Authority has said it is still processing the more than 300 applications it received late last year. South African regulators plan to oversee the activities...
South Africa’s Regulator Approves 59 Crypto Licences: Report
14.3.2024
South Africa's regulator Financial Sector Conduct Authority (FSCA) has approved 59 operating licenses for cryptocurrency exchanges, according to a Reuters report citing an official from the regulatory body.
The post South Africa’s Regulator Approves 59 Crypto Licences: Report appeared first...
South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
13.3.2024
Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
5.3.2024
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
27.2.2024
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday
South Africa Regulators to Unveil Document Categorizing Stablecoins as a ‘Particular Type of Crypto Asset’
26.2.2024
In 2024, the Intergovernmental Fintech Working Group, a consortium of South African regulators that unveiled a position paper on crypto assets in 2021, is expected to “publish additions to include stablecoins as a particular type of crypto asset.” The consortium is also considering...
South Africa’s Budget Review Signals Embrace of Digital Payments and Crypto Assets
22.2.2024
South Africa has unveiled its 2024 budget, leveraging stablecoins and blockchain technology to promote financial inclusion and act as a critical driver for enhancing digital payments nationwide.
The post South Africa’s Budget Review Signals Embrace of Digital Payments and Crypto Assets...