South Africa Archives

FTX, ByBit serving South Africans illegally, regulator warns

Business

Steve Kaaru

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7 February, 2022

FTX, ByBit serving South Africans illegally, regulator warns

The FSCA said it has tried to contact FTX on the issue to no avail, but CEO Sam Bankman-Fried refuted...

CoinGeek Weekly Livestream with Lorien Gamaroff: Making Bitcoin accessible worldwide with Centbee and BSV

Interviews

Claire Celdran

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21 January, 2022

CoinGeek Weekly Livestream with Lorien Gamaroff: Making Bitcoin accessible worldwide with Centbee and BSV

Lorien Gamaroff joined the latest episode of the CoinGeek Weekly Livestream and talked about Centbee's new "Honey Rewards" feature and...

Africrypt founders under probe over $3.6B scam in South Africa

Business

Steve Kaaru

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19 January, 2022

Africrypt founders under probe over $3.6B scam in South Africa

Authorities have launched a probe into the two Cajee brothers, the founders of Africrypt who allegedly vanished with billions after...

2021 year in review: Bitcoin comes of age in Africa

Business

Steve Kaaru

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31 December, 2021

2021 year in review: Bitcoin comes of age in Africa

2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there...

South Africa to introduce digital currency regulations in early 2022

Business

Steve Kaaru

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15 December, 2021

South Africa to introduce digital currency regulations in early 2022

The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector...

South Africa proposes ban on digital currencies for pensions

Business

Gavin Lucas

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4 November, 2021

South Africa proposes ban on digital currencies for pensions

The new proposed regulation seeks to ban pension funds from buying and holding digital assets, which are defined in the...

BTC wallets of liquidated South Africa exchange iCE3 have $3.3M discrepancy: report

Business

Steve Kaaru

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21 October, 2021

BTC wallets of liquidated South Africa exchange iCE3 have $3.3M discrepancy: report

iCE3 went into liquidation in April, but according to a new report, there’s a discrepancy of 54 BTC, worth $3.3...

Binance wants to set up HQs in Ireland, halts derivatives trading in South Africa

Business

Steve Kaaru

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11 October, 2021

Binance wants to set up HQs in Ireland, halts derivatives trading in South Africa

Binance is looking to open headquarters in Ireland after registering three firms there, but in South Africa, it’s been forced...

Centbee now allows users to shop at major retail outlets

Business

Steve Kaaru

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6 October, 2021

Centbee now allows users to shop at major retail outlets

Centbee has unveiled a new ‘shop’ feature that supports payments at major outlets, from Walmart to Amazon, further giving users...

Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa

Business

Ed Drake

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7 September, 2021

Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa

The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in...

Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning

Business

Steve Kaaru

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6 September, 2021

Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning

Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning...

Bitcoin not a currency? South African central bank governor thinks so

Business

Steve Kaaru

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4 September, 2021

Bitcoin not a currency? South African central bank governor thinks so

The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency...

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