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Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to sell excess electricity generated during the…
Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to their “programmable” nature. The Authoritarian Risk South African economist Dawie…
South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits. The End of the ‘Offshore Shield’…
South African Finance Minister Enoch Godongwana has announced plans to end the country’s crypto regulatory vacuum by drafting new rules to integrate digital assets into the national capital flow management…
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and…
South Africa’s crypto market is accelerating into a higher-confidence phase as the FSCA confirms 420 CASP license applications, approvals stacking up, compliance pathways clarifying, and institutional-grade oversight reinforcing momentum around…
Ezeebit, a South African crypto payments infrastructure startup, has raised $2.05 million in seed funding to expand its stablecoin-based payment network across South Africa, Kenya, and Nigeria. Funding to Drive…
The South African Reserve Bank (SARB) has added crypto assets and stablecoins to a new, monitored risk category, citing a massive surge in local crypto adoption. New Risk Category Established…
Global crypto regulation is set to accelerate as the G20 rallies behind sweeping oversight, unified standards, and next-generation financial-technology governance poised to reshape digital-asset markets worldwide. G20 Sets Unified Path…
Discovery Bank has partnered with crypto exchange Luno to integrate crypto asset trading directly into the bank’s mobile application. Seamless Crypto Trading Embedded in Banking Discovery Bank has collaborated with…