South Africa Financial News

02.06 / 19:01

cryptocurrency Adoption Survey Bitcoin NOT Just 18% of Respondents Do Not Expect Bitcoin to Become Legal Tender in 3 Years - Survey

Potentially fueling a bullish approach to bitcoin (BTC) investments, only 17.9% of surveyed individuals said that they do not expect BTC to become legal tender within three years, according to a recent report prepared by The Economist Group and commissioned by crypto platform Crypto.com.

02.06 / 12:45

Adoption regulation Survey Investors' perception of crypto is changing for the better: Economist survey

A report published by the Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future.

26.05 / 05:51

Adoption Survey NOT Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).

25.05 / 10:29

Blockchain Kucoin Digital Continental Bitcoin 11x in 2022 – What you should know about Africa’s crypto startup culture

Crypto-businesses in Africa received more venture capital in the first quarter of 2022 than in the first quarter of 2021. This, according to the African Blockchain Report 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank.

23.05 / 14:17

Target economics inflation Bitcoin Inflation Should Be Viewed as Public Enemy Number 1

Jannie Rossouw, Visiting Professor at the Business School, University of the Witwatersrand._____

19.05 / 10:31

cryptocurrency CryptoExplainer Cross-border Costs South Africa Eyes Digital Rand To Cut High Cross-Border Payment Costs

South African central bank eyes digital rand to cut cross-border payment costs

10.05 / 15:37

business Lightning Network lightning Bitcoin Making money, escaping poverty: Bitcoin and Lightning in Mozambique

Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who's using the largest cryptocurrency to make ends meet.

09.05 / 12:23

Blockchain Adoption From smart insurance to on-chain document verification: Here’s how NEAR aims to improve Kenya

Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local ecosystem.

06.05 / 14:17

Sport Africa Bitcoin Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour

Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour.

28.04 / 16:47

Adoption Freedom Bitcoin Future stake Financial On Freedom Day, Bitcoin gives South Africans a stake in their financial future

On Wednesday, South Africa celebrated Freedom Day, which honors the country's first post-apartheid democratic election in 1994.

28.04 / 10:43

business Blockchain Bitcoin Bears Solana NFT Wine Nifty News: Solana NFT Okay Bears tops charts, South African wine NFTs rake it in and more

Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer.

28.04 / 09:59

cryptocurrency Lowe's CryptoExplainer Bitcoin Central African Republic's Bitcoin Adoption Will Be A Real Test Case: Here's Why

Why bitcoin adoption by Central African Republic will be a real test case?

22.04 / 00:25

NFT Environment Africa Wildlife conservation efforts turn to NFT-funded initiatives

Digital twin nonfungible tokens, or NFTs, aren't just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork of the Southern Hemisphere teamed up to tokenize individual real-world endangered animals at game reserves and privately owned conservation areas in Africa. These wildlife NFTs enable holders to sponsor an elephant, lion, cheetah or rhino. Profits from the sales will go toward food, shelter and security for the animals they represent.

19.04 / 00:55

business defi regulation Andre Cronje sees a 'necessity for regulation' ahead of crypto's new era

Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled "The rise and fall of crypto culture," Cronje expressed his lamentations of crypto culture as he called for increased regulation and legislation in the industry.

11.04 / 18:15

Technology Adoption Bitcoin Crypto seen as the ‘future of money’ in inflation-mired countries

Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.”

10.04 / 14:17

Government Blockchain Africa Bitcoin Here’s what’s happening in Web3 across Africa

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.

08.04 / 10:21

Blockchain Technology Adoption settlement wholesale South Africa finishes technical PoC for wholesale CBDC settlement system

South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project.

05.04 / 05:19

FIVE Gap coinbase Bitcoin Why 2021 was crypto’s ‘breakout year’ & which countries are leading ownership

You may have seen analysts, traders, and builders boldly claiming that 2021 was crypto’s “breakout year.” It’s certainly hard to deny, when considering the explosion of press and memes that came with the rise of dog-themed coins and then ape-themed NFTs. But how to prove this?

02.04 / 08:27

Blockchain The world has synchronized on Russian crypto sanctions

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.

29.03 / 11:55

Blockchain Adoption Tax The Prospects, Possibilities, and Dangers of CBDCs

Suren Ayriyan is the Managing Partner and CEO at TEMPO Payments, a digital money transfer company.

28.03 / 15:01

Dogecoin Ethereum cryptocurrency price today Shiba Inu Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Shiba Inu gain up to 9%

Barring stablecoins, all of the top digital tokens were trading higher on Monday. Dogecoin zoomed more than 8 per cent, whereas Avalanche surged 6 per cent. Bitcoin, Shiba Inu and Ethereum jumped 5 per cent each. The global cryptocurrency market cap advanced to $2.11 trillion mark, gaining more than 4 per cent in the last 24 hours. Total cryptocurrency trading volume rallied almost 48 per cent to $91.55 billion.

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