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Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’
2.4.2021
In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading...
A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator
1.4.2021
Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority...
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African...
Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa
22.3.2021
Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent
Nigeria's central bank not discouraging people from trading crypto, says governor
21.3.2021
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks
Africa’s solarized digitalization agenda in the time of coronavirus
20.3.2021
The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
South African crypto firms warn opaque regulations are harming the industry
9.3.2021
South African crypto firms are threatening to move operations abroad if lawmakers don’t provide clear regulatory guidelines
Hedera makes inroads in Africa as Standard Bank Group becomes node operator
24.2.2021
Standard Bank Group has become the first African node operator on the Hedera network
Hitman 3's Latest Patch Fixes Incorrect Arabic Text
23.2.2021
IO Interactive released the first major patch for Hitman 3 today, bringing with it a raft of changes to the assassination game, including some much-needed updates to the environment. The patch also corrected some Arabic text in the game’s opening level, which was written incorrectly.Read more
Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India
12.2.2021
"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey
Jack Dorsey and Jay-Z to set up 500 BTC blind Bitcoin trust in India, Africa
12.2.2021
Just hours after an anonymous source claimed India would issue a blanket ban on all cryptocurrencies, Jack Dorsey and Jay-Z announced a 500 Bitcoin development trust
Mobile money platform Pngme raises $3M to expand across Africa
12.2.2021
The fintech firm hopes to expand financial products for the unbanked
Nigeria’s Senate Summons Central Bank Chief to Explain Crypto Ban
12.2.2021
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies
Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
9.2.2021
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins
South Africa learns a hard crypto lesson amid fast growing demand
9.2.2021
South African authorities will be keeping a close eye on the cryptocurrency space in 2021 in the wake of major scams and booming markets
Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion
8.2.2021
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets
Binance Suspends Deposits in Nigeria Following Central Bank Directive
5.2.2021
Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday
South African regulators issue fresh crypto investment warning
4.2.2021
Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market
South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report
4.2.2021
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report