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Sygnia CEO Magda Wierzycka has cautioned against excessive enthusiasm for bitcoin and emphasized that crypto should make up no more than 5% of discretionary assets. Sygnia CEO Cautions Against Excessive…
Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth…
South African financial firm Altvest Capital plans to raise millions to buy bitcoin and create a crypto treasury reserve. Altvest Capital to Rebrand as Africa Bitcoin Corp A South African…
VALR, Africa’s largest crypto exchange by trade volume, has announced a three-year partnership with DHL Stormers to become the South African rugby team’s official crypto exchange partner. VALR’s branding will…
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers.…
Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares Bitcoin Trust exchange-traded fund (ETF). Sidestepping South Africa’s Regulatory Hurdles South African…
Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was…
As the global crypto landscape matures, Africa is undoubtedly emerging as one of the hottest regions to watch – where regulatory clarity, grasroots adoption, and institutional interest are starting to…
A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency…
Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an…