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South Africa

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...