South Africa Archives - Page 6 of 6

Cryptocurrency Trading in Africa: Strategies for Success in a Dynamic Market

by Crypto Oracle June 26, 2023

Cryptocurrency trading has gained significant traction in Africa as more individuals recognize the potential for financial growth and investment opportunities in the dynamic digital asset market. However, navigating this rapidly evolving landscape requires a strategic approach to maximize potential returns while managing…

Industry

Cryptocurrency Adoption in Africa: Breaking Barriers and Embracing Digital Money

by Crypto Oracle June 26, 2023

Cryptocurrency adoption in Africa has been gaining momentum, with an increasing number of individuals, businesses, and governments recognizing the potential benefits of digital money. As the continent faces various economic challenges, cryptocurrencies offer a promising alternative that can revolutionize financial systems, foster…

News

BRICS: Emerging as a Challenge to the Western World Order is the Five-Country Economic Bloc.

by Ridwan Ridwan June 18, 2023

According to recent financial data, BRICS has surpassed the G7, which currently contributes 30.7% of the global GDP, as the largest group of countries in terms of gross domestic product (GDP). Brazil, Russia, India, China, and South Africa are together known as…

Industry

Binance Under Investigation in France for Alleged Money Laundering

by Crypto Oracle June 18, 2023

Binance, the largest crypto exchange in the world, continues to face a series of challenges and legal scrutiny. Following a lawsuit in the United States and being denied a license in the Netherlands, the exchange is now under investigation by French authorities. According to…

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Registration now mandatory for South Africa’s Crypto Firms to avoid fines.

by Terry Kunle June 2, 2023

In 2022, South Africa’s Financial Sector Conduct Authority established that cryptocurrency financial companies in South Africa would need to apply for a license between June 1 and November 20, 2023. The license allows these crypto firms to operate legally within the framework…

Interview

Luno to Offer Crypto Investment Bundle Tracking Digital Asset Indices in South Africa, General Manager Discusses Benefits of Digital Asset Investing

by Terry Kunle April 18, 2023

In an interview with Luno's General Manager for Africa, Marius Reitz discussed the company's mission to bring cryptocurrencies to more people around the world. Reitz also reportedly highlighted the benefits of digital asset investing, including the potential for high returns and diversification.…

News

Gridless Mining Partners with South African Firm to Extend Power Offerings in Africa

by Terry Kunle April 18, 2023

Gridless Mining, a blockchain mining company, is expanding its low-cost energy offerings in Africa. The company has developed a patented technology that uses renewable energy sources, such as solar power, to mine cryptocurrencies. According to reports, Gridless Mining has partnered with a…

News

South Africa Enters Into Second Phase of It’s Central Bank Digital Currency Project

by Terry Kunle March 31, 2023

South Africa’s apex regulating bank, the Reserve Bank Of South Africa (SARB) announced that it will examine how to utilize properly the benefits inherent CBDC and stablecoins usage among institutions in the next phase of its digital blockchain technology project termed, Project…

News

Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal

by Terry Kunle March 17, 2023

Former Monero lead maintainer, Riccardo Spagni, has lost his bid to have the Supreme Court of Appeal (SCA) in South Africa declare his extradition from the United States illegal. The SCA ruled that Spagni did not sufficiently argue for the voiding of…

Industry

Kurt Kruger’s passion for financial inclusion is a good fit for SnapScan

by Terry Kunle February 25, 2023

Kurt Kruger, CTO at SnapScan, has the classic techie story. His parents bought him his first computer when he was just six years old. It was the first commercially available micro-computer in South Africa at the time, and once he laid his hands…