Crypto Exchange VALR Obtains South African License
The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.
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Apr 15, 2024 at 2:00 p.m. UTC
Apr 15, 2024
South Africa
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South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.
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Apr 11, 2024 at 10:10 a.m. UTC
Apr 11, 2024
South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
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.
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Mar 13, 2024 at 3:27 p.m. UTC
Mar 13, 2024
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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.
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Mar 5, 2024 at 5:40 a.m. UTC
Mar 5, 2024
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Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
"Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth," the firm said in...
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Feb 27, 2024 at 8:45 p.m. UTC
Feb 27, 2024
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.
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Feb 22, 2024 at 10:37 a.m. UTC
Feb 22, 2024
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South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration in the designated time period could lead to a $510,000 fine or imprisonment, the government has said.
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May 25, 2023 at 2:03 p.m. UTC
May 25, 2023
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South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.
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Apr 28, 2023 at 8:06 a.m. UTC
Apr 28, 2023
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CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership between the CoinDesk subsidiary and crypto exchange will see the release of "Luno Large Cap Bundle," helping customers manage and maintain different investment...
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Apr 17, 2023 at 7:00 a.m. UTC
Apr 17, 2023
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South African Self-Regulatory Body Mandates Risk Warnings in Crypto Ads
Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.
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Jan 23, 2023 at 9:05 a.m. UTC
Jan 23, 2023