South Africa Financial News

19.05 / 10:47

Stablecoin Tether coinbase European Union IMF Usd Coin Future Stablecoin survival: Navigating the future amid global de-dollarization

It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded?

18.05 / 00:09

week LeapFrog’s Andy Kuper: ‘We launched a week after Lehman collapsed. People looked at me like I was delusional’

When Andy Kuper first had the idea more than 15 years ago to create a business focused on delivering services to low-income consumers in the developing world, impact investing was virtually unheard of.

28.04 / 09:37

CFTC Fraud Bitcoin penalty Largest Bitcoin Fraud Scheme Results in $3.4B Penalty in a Case Brought by CFTC

A judge has ordered a record-breaking $3.4 billion penalty in a fraud case involving Bitcoin brought by the US Commodity Futures Trading Commission.

28.04 / 04:05

Government CFTC regulation Court Bitcoin penalty fraud case CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case

A record-breaking $3.4 billion penalty has been handed down by a Judge in a lawsuit brought by a United States financial regulator involving a fraudulent scheme involving Bitcoin (BTC).

24.04 / 10:11

Adoption economics Gold inflation Volatility Backed Zimbabwe's Central Bank Plans Gold-Backed Digital Currency to Stabilize Local Economy

The central Reserve Bank of Zimbabwe (RBZ) plans to introduce a gold-back digital currency, meant to be used as legal ledger within the country.

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

22.04 / 13:17

Blockchain Provident SEC Platform Mobile Gemini Bitcoin Crypto Exchange Gemini Ventures Outside the US With Plans for Derivatives Platform

Despite an ongoing legal tussle with US authorities, Winklevoss Twins-owned crypto exchange Gemini has announced the launch of a crypto derivatives platform.

20.04 / 20:41

Blockchain Adoption regulation Crypto exchange Roqqu receives South African approval to expand operations

Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports.

20.04 / 13:31

CBDC Adoption regulation Banks Central Bank banking foreign Foreign trade and pensions: What’s next for Russia’s CBDC project?

The pilot for Russia’s central bank digital currency (CBDC) pilot should have been launched on April 1, but it was delayed at practically the last moment due to the slow pace of the necessary associated legislation passing through parliament.

20.04 / 03:15

UPS Ethereum Provident Platform RIG Bitcoin Simple Rigs: Staring from 12% ROI, Cloud Mining Company Brings Incredible Opportunity for Newbies

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

18.04 / 13:59

Blockchain Adoption Investments African blockchain ventures outpace global funding growth: Report

The African continent continues to be a fertile ground for the growth and implementation of blockchain technology.

18.04 / 09:09

Investec hires Jefferies’ Marc Potel to lead industrials M&A

Investec has tapped Jefferies' head of European industrials to lead its M&A coverage of the sector in Europe, the latest London hire at the South Africa-headquartered bank.

13.04 / 12:03

Dogecoin UPS Provident Twitter Platform Doge elon Dogecoin Price Prediction as Elon Musk Tweet Sends DOGE Soaring, But All Attention is on This Lesser Known Crypto – Here's Why

The Dogecoin price has risen by 6% in the past 24 hours, following a tweet from Elon Musk that promised to pay "a million Dogecoin" for proof that he and/or his family once owned an emerald mine in South Africa.

05.04 / 05:19

Adoption IMF Dollar end Malaysia enlists China to help end USD dependence for trade

China and Malaysia are considering moving forward on discussions regarding an Asian Monetary Fund as distancing from U.S. dollar hegemony becomes a greater priority in the region.

31.03 / 06:03

CBDC Adoption Russia talks up prospects of BRICS countries developing new currency

A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.

22.03 / 13:11

UPS Digital CEO Platform Luno Bitcoin DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs

LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday.

22.03 / 11:37

Blockchain Adoption Central Bank Cash Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

Nearly 18 months after launching its in-house central bank digital currency (CBDC), eNaira, Nigeria witnessed its massive adoption as national fiat reverses face severe shortages.

07.03 / 17:55

business Blockchain Binance reserves Binance adds 11 tokens to PoR, claims $63B in reserves

According to an announcement on Mar. 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report. These include MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. With the latest update, Binance says it now has over $63 billion across 24 assets in its proof-of-reserves system. The largest assets on the exchange include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with $12.7 billion, $7.1 billion, and $16.3 billion in net customer balances, respectively.

07.02 / 19:17

Blockchain Binance BNB Tether Bitfinex coinbase Starkware Holdings Withdrawals Today in Crypto: Lido V2 Upgrade to Bring Withdrawals and Staking Router, BANXA Holdings Integrates with MetaMask, Ramp Reveals Off-ramp Product, StarkWare to Partner with Chainlink Labs

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

01.02 / 23:23

business Adoption Payments retail Bitcoin Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa

The South African grocery retailer Pick n Pay is expanding its Bitcoin (BTC) coverage to all 1,628 stores across the country following a three-month pilot testing phase in 39 locations.

26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

what's happening in South Africa

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In South Africa, the spotlight is on local government initiatives that spark public discussion.

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