ZARCoin (ZARC) is a stablecoin that is 1:1 tied to the South African Rand (ZAR), and it was just established by the South African DeFi startup, NeoNomad. This digital currency, which was introduced on July 11th, 2024, aims to close the gap…
Fintech company TurnStay, based in South Africa, has raised $300,000 (more than R5.4 million) from investors DFS Lab and Digital Currency Group, based in Silicon Valley and New York. The company intends to build on the considerable traction already attained and use…
Thirty investigations into illicit financial services related to cryptocurrency are presently being conducted in South Africa by the Financial Sector Conduct Authority (FSCA). This is supported by the organization's most recent regulatory activities report, which lists the safeguards in place to allow…
Mama Money, a money transfer company based in South Africa, has joined up with Access Bank and Paymentology, a payment processor, to introduce a new bank card service that incorporates WhatsApp banking. As to a post by Paymentology, the company that issues…
According to a statement obtained by a local station, Standard Bank of South Africa has claimed a 121% increase in the number of offshore accounts created since June 2023. Bank executives claim that customers are looking to diversify their assets internationally in…
Get ready for a double dose of crypto excitement in South Africa! Bitcoin Events is hosting two major events later this year: Crypto Fest 2024 and the Blockchain Africa Conference 2024.
Crypto Fest Promises Unparalleled Experience for Enthusiasts
The 6th edition of…
Quick Summary
Angola's recent ban on crypto mining sends shockwaves through Africa's Bitcoin mining scene, impacting Chinese miners eyeing the continent's low-cost electricity.
Zignaly launches ZIGChain, Zambia fosters blockchain talent, and AltCoinTrader secures licenses amidst South Africa's growing crypto interest. Explore…
In a significant step forward for South African cryptocurrency adoption, VALR, a leading local crypto asset platform, has been granted both a Category I and Category II Financial Sector Conduct Authority (FSCA) license as a Crypto Asset Service Provider (CASP). This makes…
South Africa's financial regulator has begun issuing Crypto licenses , with exchange platform Luno and decentralized social investing marketplace Zignaly among the first batches of companies to receive approvals.
Luno shared that it received approval as a financial service provider under the…
Leading game publisher in Africa, Carry1st, in collaboration with Electronic Arts Inc. (EA), the world leader in digital interactive entertainment, launches EA SPORTS FCTM Mobile top-ups on the Carry1st Shop.
Gamers can now utilize their preferred payment option, including cryptocurrency, to replenish…