Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin.
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50% of Africans Invest in Crypto to Pay for Their Children’s Education: Survey
According to a recent poll, most cryptocurrency investors from Kenya, Nigeria, and South Africa have entered the digital asset market with long-term goals such as securing their families’ wellbeing. Crypto…
Crypto Adoption in Africa Surged 1,200% in 2021, Chainalysis
Africa is the undisputed global champ in crypto adoption, with growth exceeding 1200% in the last year, enough for its countries to dethrone part of last year’s Top 10 of…
Binance Is Not Authorized To Operate in South Africa, Regulator Says
Every day an increasing number of countries turn their back on Binance, sending warnings to their users, letting them know that if they use the exchange, they are basically on…
Binance pushes back against warning from South Africa regulator
Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be…
Kaspersky ranks cryptojackers among top malware threats in Africa
Some of the most common methods of duping crypto investors include false advertisements claiming to sell mining equipment and fake websites posing as crypto exchanges.
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…
Australia, Singapore, Malaysia, and South Africa to Conduct a Mutual CBDC Project: Report
The central banks of Australia, Singapore, Malaysia, and South Africa will reportedly launch a trial program to test cross-border payments employing different CBDCs. Their mission: to determine whether the move…
Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies.
Crypto does not qualify as currency, says South Africa’s central bank governor
South Africa’s top banker has said that cryptocurrencies are more akin to assets than actual currencies.