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South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores

Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s…

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South African Financial Sector Regulator Declares Crypto Assets a Financial Product

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of…

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Binance Resumes Offering Futures Trading Products to South African Users

One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users,…

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South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges

Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto.…

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South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit

The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has…

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