Crypto News

South Africa (SARB) completes the technical proof of concept for the wholesale CBDC settlement system

The South African Reserve Bank (SARB) has completed a technological proof-of-concept for the initiative, bringing the country one step closer to establishing its.

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Crypto News

VALR raises $50 million in the largest crypto fundraising in Africa to date

VALR, a South African cryptocurrency exchange, has raised $50 million in a Series B equity financing round. Pantera Capital led the round, which.

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Crypto News

South African Treasury Says Amendments to Crypto Regulations will be Finalized in 2022

The South African Treasury anticipates the recommendations to add crypto asset service providers as accountable entities in the Financial Intelligence Centre (FIC) Act.

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Crypto News

MTI Liquidators Reject Opponents’ Claims

Mirror Trading International (MTI) liquidators in South Africa have dismissed claims that designating the defunct bitcoin investment platform an illegal enterprise will result.

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Crypto News

Crypto Adoption Grows In South Africa With 36% Showing Massive Interest

Crypto growth and adoption sees massive spread across the world. Its now a common discussion among institution and individuals. Despite the criticisms the.

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Crypto News

Proliferation Of Scams, Suffocates The Cryptocurrency Assets In South Africa, As Stricter Regulations Loom Over Them.

Crypto-Scams Plaguing South Africa An abundance of scams is taking place in such a short amount of time. This calls for a new.

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Crypto News

South Korea Cracks Down On Tax Evaders, Confiscates $47 Million Worth Crypto.

The Tax Evasion Scandal South Korean authorities expose thousands of tax evaders as they intensify the crackdown on tax dodging. This resulted in.

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Crypto News

Leading Crypto Exchange, Binance, Blocked By A South African Bank For Not Being Compliant. Exchange Rejects The Accusations.

Absa Blocking Binance A South African Bank, Absa has reported blocking credit cards for users, who invest in cryptocurrencies on international exchange platforms..

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