South Africa

Chainalysis: Nigeria’s Economic Struggles Fuel Grassroots Crypto Adoption

In no region is Bitcoin more dominant than Sub-Saharan Africa, writes Chainalysis. But stablecoins are also catching up.

7 months ago

Crypto Exchanges in South Africa Must be Licensed By November 30, Says Regulator: Report

Crypto exchanges in South Africa could face enforcement action they fail to obtain a license with the country's financial regulator…

10 months ago

South Africa Regulator Takes Action Against False Crypto Advertising Claims

South Africa's Advertising Regulatory Board (ARB) has introduced new rules to protect crypto investors from misleading advertising.

1 year ago

Major South African Supermarket Chain Accepts Bitcoin Payments (Report)

The South African supermarket chain and the National Children's Advocacy Center are the latest organizations to accept crypto payments.

1 year ago

Half of South Africans Will Invest in Crypto If Banks Provided Such Services: Survey

Cryptocurrency adoption rate in South Africa could increase if domestic financial institutions embrace the asset class, a study revealed.

2 years ago

Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets

South Africa's central bank intends to impose rules on the industry in the next 12 months and regulate cryptocurrencies as…

2 years ago

Kenya is the African Leader in Crypto Adoption (Report)

8.5% of Kenya's population, or 4.25 million individuals, possess digital currencies, which is the highest adoption rate in Africa, a…

2 years ago

Sunshine Tour’s Best Golfers to Win Bitcoin Awards

The best golfer at Africa's championship Sunshine Tour will receive $31,000 worth of bitcoin.

2 years ago

Nelson Mandela’s Original Arrest Warrant Sold for $130K as NFT

An NFT inspired by Nelson Mandela's actions was sold in South Africa to fun a local heritage site.

2 years ago

South African Police Launch Investigation into Alleged Crypto Fraud

Several months after 69,000 bitcoins disappeared from a South African exchange, the police have opened an investigation.

2 years ago