BSV
$64.33
Vol 151.73m
16.88%
BTC
$89462
Vol 135135.23m
3.07%
BCH
$436.25
Vol 939.73m
6.61%
LTC
$81.81
Vol 1678.57m
12.18%
DOGE
$0.39
Vol 27412.39m
6.13%

South Africa

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
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12 September, 2023

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case

Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
Only 18% of Africans have owned digital assets: report
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24 July, 2023

Only 18% of Africans have owned digital assets: report

The report also revealed that high-earning millennials are the most digital currency-savvy and that poorer countries like Namibia lead digital...
Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’
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19 July, 2023

Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’

Standard Bank CEO Lungisa Fuzile says that the bank is approaching digital assets cautiously in fear of an implosion, but...
South Africa demands licensing for digital asset exchanges by December
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13 July, 2023

South Africa demands licensing for digital asset exchanges by December

The FSCA says 20 exchanges have submitted applications, including Digital Currency Group-owned Luno, with the new licensing requirement meant to...
Nigeria leads the world in digital asset awareness at 99%: report
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9 July, 2023

Nigeria leads the world in digital asset awareness at 99%: report

The report says 67% of internet users want to own their data, and 4 in 5 want control over their...
Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme
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2 May, 2023

Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme

South African national Steynberg was charged with the offense of operating a multi-level marketing scheme, which stole over 29,421 BTC...
Africa: Blockchain startups sees 429% surge in funding in 2022
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27 April, 2023

Africa: Blockchain startups sees 429% surge in funding in 2022

A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io...
Nigeria’s Roqqu exchange secures regulatory nod in South Africa
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25 April, 2023

Nigeria’s Roqqu exchange secures regulatory nod in South Africa

Roqqu, with 1.4 million users, will allow users to withdraw and deposit South African rand, tapping into one of Africa’s...
FATF adds Nigeria, South Africa to dirty money grey list
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2 March, 2023

FATF adds Nigeria, South Africa to dirty money grey list

FATF says Africa’s two largest economies must do better to fight money laundering, with both countries decrying the listing as...
South Africa agency tackling financial disputes now takes Bitcoin complaints
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29 January, 2023

South Africa agency tackling financial disputes now takes Bitcoin complaints

The FAIS Ombud will consider and resolve complaints relating to digital assets, but only if they happened after October 19,...
South Africa to stamp out unethical digital asset ads with new advertising rules
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27 January, 2023

South Africa to stamp out unethical digital asset ads with new advertising rules

South Africa’s ads watchdog worked with industry stakeholders to develop the new clause which requires VASPs to tell users they...
Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...