Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts
Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset...
South African Central Bank Rolls Out New Rules for Digital Assets
The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit...
Major South African Bank Closes Crypto Exchange Bank Accounts
FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut...
4 Reasons Why Bitcoin is So Popular in South Africa
Bitcoin and cryptocurrencies, in general, continue to thrive in South Africa even as such interest comes with a multitude of scams and fraudulent investment schemes. The country even...
Cryptocurrency Adoption Is Highest in These 5 Countries
When we think of cryptocurrency adoption, we often assume that South Korea, Japan, or the United States take the lead. Not so, according to the latest results from Statista. For those...
Top 5 Countries Where Google Searches for Bitcoin Just Tripled
While the mass media warn people not to buy Bitcoin, the number one cryptocurrency just blasted through its 2019 ATH. The number of google searches for Bitcoin is skyrocketing again as...
South Africa to Start Tracking All Cryptocurrency Transactions in 2019
Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South...
Ugandan Prince Brings Crypto-Powered Solar Energy to Africa
Have you noticed recently there are less emails from African princes, desperate for help getting fortunes out of their country? Perhaps that is because they are now investing in clean...
South Africa Releases Draft Cryptocurrency Tax Law
The South Africa Revenue Service (SARS) recently released a draft cryptocurrency tax legislation. The draft defines the framework of virtual currency taxation in the country. Details...
Cryptocurrency Remains Popular In South Africa, But Scams and Questions Still Loom
Sales for an exclusively African cryptocurrency opened up in August to those with a South African bank account — seemingly capitalizing on virtual currency’s popularity in the...
Cryptocurrency Enthusiasts in Africa Need to Understand the Industry Before Investing
More and more investors in Africa are hopping on the Bitcoin bandwagon. However, they need to ensure that they are aware of what decentralization actually means when it comes to...
‘I Wish I’d Invested In Cryptocurrency,’ Say 38 Percent Of South Africans
38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent...