South Africa

South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume

Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in Augus...

Mob Burns Down Purported Crypto Ponzi Schemer’s House in South Africa

An angry mob in Ladysmith, South Africa has reportedly torched the residence of Sphelele Mbatha, known as Sgumza, a manager of ...

Is Bitcoin Really Selling for $76,000 in Zimbabwe?

Bitcoin traders in Zimbabwe and South Africa are seeing skyrocketing premiums on their bitcoin (BTC), according to a report fro...

South Africa’s Standard Bank to Launch Permissioned Blockchain for Overseas Exchange Services

South Africa’s Standard Bank will soon launch its private permissioned blockchain for overseas exchange trades on behalf of cor...

Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions

Iran is reportedly negotiating with eight countries to carry out financial transactions in cryptocurrency, local daily newspape...

Report by South Africa’s Reserve Bank Makes Strides Toward Crypto Clarity in the Country

A working group of South African financial regulatory organizations has released a consultation paper focused on cryptocurrenci...

South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The...

Cricket South Africa Briefly Falls Victim to $70,000 Bitcoin Twitter Scam

South Africa’s national cricket organization briefly fell victim to scammers on Twitter and began offering a fake Bitcoin (BTC)...

70% of Central Banks Involved in CBDC Research, Only Several Have Concrete Plans

A new report published on Jan. 8 by the Bank for International Settlements (BIS) has found that seventy percent of central bank...

South African Government Establishes Crypto Assets Regulatory Working Group

A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) gove...