South Africa Financial News

01.11 / 14:53

cryptocurrency Grocery retailer Pick n Pay to start accepting cryptocurrency payments

One of South Africa's largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency as a payment option to more stores after the successful completion of the first phase, it said on Tuesday.

25.10 / 16:47

Adoption regulation Bitcoin TradFi South African crypto landscape primed for TradFi growth after FSCA ruling

South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country.

25.10 / 15:21

Adoption Social Media Telegram WhatsApp WhatsApp down again? Google Trends spike after the outage

Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage.

20.10 / 18:27

Ethereum Charity Fidelity Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank

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

20.10 / 14:33

cryptocurrency Financial Crypto Platforms Must Be Licensed In 2023 To Operate Legally: South African Financial Regulator

"We are not legitimising crypto assets," Eugene Du Toit said.(Representational)

20.10 / 12:37

Digital Bitcoin Financial South Africa brings crypto under financial assets segment, details here

South Africa has become the latest country to bring cryptocurrency into the financial assets segment.

19.10 / 23:49

regulation Digital Asset services Financial South Africa declares crypto to be a financial product subject to financial services law

The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, published a notice Oct. 19 indicating that the country’s 2002 Financial Advisory and Financial Intermediary Services Act (FAIS) has been updated to include a definition of crypto assets. A decision of this type has been expected for several months. It brings crypto assets under regulation in South Africa for the first time.

13.10 / 09:27

'Unscrupulous Western blackmailers': Russia's fury as UN votes to condemn Ukraine annexations

The United Nations General Assembly has voted overwhelmingly to condemn Russia’s “attempted illegal annexation” of four Ukrainian regions and demand its immediate reversal.

06.10 / 20:15

Blockchain FIVE Digital Mobile Web3 gaming industry stats might surprise the crypto holders

Mobile gaming company Coda Labs recently carried out a user study focusing on the Web3 gaming industry. The study was led by WALR, a leading data creation firm and a member organization of the Market Research Society.

06.10 / 04:29

Blockchain UPS Progressive How Can Blockchain Save South Africa From Nationwide Blackouts?

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

04.10 / 22:25

Law CFTC regulation CFTC can issue summons through Ooki DAO's help chat box, says judge

The United States Commodities Futures Trading Commission can serve members of the Ooki decentralized autonomous organization, or DAO, with summons through online communications, according to a federal judge.

29.09 / 09:21

Ethereum ethereum price today avalanche Bitcoin Crypto Price Today: Bitcoin slips below $19K; XRP, Ethereum, Solana tank up to 11%

The rising fears of economic recession, interest rate hikes and strength in dollar are hurting the riskier assets, including cryptos. All top crypto tokens were trading sharply lower on Wednesday. XRP plunged 11 per cent, whereas Bitcoin, Ethereum, Solana and Polkadot dropped 7 per cent each. Cardano and Polygon were 6 per cent down each. The global cryptocurrency market cap was trading sharply lower at $911.80 billion, dropping more than 5 per cent in the last 24 hours. However, the total trading volume zoomed over 16 per cent, close to $94.45 billion.

25.09 / 16:23

UPS Central Banks May Stoke Risks by Raising Interest Rates Together

Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on record. Some economists fear they may go too far if they don’t take into account their collective impact on global demand.

23.09 / 23:11

BNB Who Are Binance’s Magnificent 11 and Why Are They So Important for its Global Success?

Binance, the world's largest cryptocurrency exchange by trading volume, has announced the creation of an eleven-person all-star team of experts in public policy, government, finance, economics, and corporate governance to spearhead its global success.

22.09 / 21:23

Waves CEO Software Enterprise Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some companies

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20.09 / 15:39

business Web3 identity services Payments platform Fuse integrates ChromePay to bring DID services to Africa

Web3 payments platform Fuse has partnered with ChromePay, an identity-based payment solution, to launch a new suite of payment products in Africa — a move designed to boost financial inclusion on the continent.

17.09 / 01:05

Blockchain Adoption Funding Metaverse Sports Metaverse company secures $200 million funding

Sports Metaverse startup LootMogul secured a $200 million investment commitment from Gem Global Yield, providing the company a share subscription facility of up to $200 million for a 36-month term following an equity exchange listing.

14.09 / 02:51

Time Investec’s Ruth Leas on ‘fiercely guarding’ family time: ‘I’ve never missed a sports day’

Ruth Leas admits that her first year as chief executive of Investec Bank was a challenge. She took charge just four months before the UK went into its first Covid lockdown, and the same year the bank rolled out an overhaul that cut hundreds of jobs — even as rivals paused restructuring programmes during the pandemic.

04.09 / 03:43

UPS Citi CoinMarketCap Shiba Inu [SHIB] may need more than the Metaverse to wake up from its slumber

When Shiba Inu [SHIB] went public with its efforts to delve into the Metaverse, some quarters in the crypto community took it as a joke. “How can a meme toke with no known utility say the Metaverse was part of its objectives?”. Well, the doubts may not be put to rest as the latest update from SHIB revealed that there was no stopping it.

31.08 / 18:09

Adoption Investments Trading Bitcoin inequality How cryptocurrency could help tackle global income inequality

Over the past few decades, the inequality of wealth distribution globally has become all the starker.

30.08 / 16:23

Ethereum Adoption Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness

The Metaverse is quickly becoming one of the most important places for companies and individuals looking to expand their reach. New findings from research firm MarketsandMarkets predict that the Metaverse market size will grow from $61.8 billion in 2022 to $426.9 billion by 2027.

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