Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness
Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual environments with a purpose.
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South African rugby icon Siya Kolisi headlines new crypto advertising campaign
The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa.
South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the…
South African Reserve Bank encourages friendly behavior with crypto
The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.
Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency
While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are…
Half of South Africans Will Invest in Crypto If Banks Provided Such Services: Survey
Merchants’ consumer survey found out that 53% of the South African participants have little to no knowledge of cryptocurrencies. Interestingly, almost half of the respondents said they would be more…
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25
A crypto lending platform still hopes to stay afloat, but experts doubt such probability.
South African exchanges welcome the new ‘crypto is financial asset’ ruling
Major South African exchanges have welcomed the central bank’s plans to regulate cryptocurrencies as financial assets.
Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets
Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages to the monetary system. However, he claimed there is a…
Bitcoin not a currency? South Africa to regulate crypto as financial asset
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.