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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A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies.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…
South Africa’s tokenized financial assets exchange, Mesh.trade, has reportedly launched Bullion Krugerrand tokens issued by Troygold, allowing investors to buy fractional gold holdings stored securely at Brink’s in Johannesburg. Each…
Binance tightens crypto transfer rules in South Africa, enforcing user identity checks and compliance prompts starting this month. New Binance Regulations Demand Sender and Receiver Info for South African Crypto…
South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day.…
Hackers recently breached the South African Parliament’s social media accounts, including X, Facebook, and Youtube, to promote a fake cryptocurrency named after President Cyril Ramaphosa. Fake Token Created 24 Hours…