South Africa

South Africa Flag (Den Harrson/Unsplash)
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.
South Africa Flag (Den Harrson/Unsplash)

(Christiann Koepke/Unsplash)
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.
(Christiann Koepke/Unsplash)

Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)
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...
Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)

(Den Harrson/Unsplash)
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.
(Den Harrson/Unsplash)

South Africa Flag (Den Harrson/Unsplash)
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.
South Africa Flag (Den Harrson/Unsplash)

(Jesse Hamilton/CoinDesk)
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.
(Jesse Hamilton/CoinDesk)

Luno logo (Luno)
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...
Luno logo (Luno)

New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)
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.
New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)

Crypto Adoption and Opportunities in South Africa
Crypto Adoption and Opportunities in South Africa
Standard Bank Group Head of the Blockchain Centre of Excellence Ian Putter discusses crypto adoption inside South Africa, particularly after the fall of FTX.
Crypto Adoption and Opportunities in South Africa

Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says
Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says
Standard Bank Group Head of the Blockchain Centre of Excellence Ian Putter discusses his outlook for digital assets and blockchain technology in traditional banking. Plus, ins...
Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says