The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.
Luno Among First Crypto Firms to Receive South Africa License
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.
South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1.
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said.
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.
South African regulator may license 36 crypto companies in December
The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023.
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses.
BRICS: History, objectives and an overview of the global alliance
Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance.
From cricket to crypto: AB de Villiers ventures into Web3
South African cricket icon AB de Villiers trades his bat for Web3 as he discusses his love affair with NFTs and a partnership with a novel Ethereum-based investment platform.
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment.
South African Mirror Trading’s CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.
Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu received the green light to operate in South Africa, providing on and off-ramps to South Africa’s Rand currency.
African blockchain ventures outpace global funding growth: Report
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.
Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa
Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase.
South Africa adds new cryptocurrency standards to advertising code
Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board.