
South Africa
Africa’s 2023 in review: Adoption soars, regulators catch up, and Bitcoin moves beyond speculation
Digital assets came of age in 2023, moving beyond speculation and impacting remittances and payments as regulators started getting a...
South Africa weighs licenses for 36 VASPs
Of the 128 applications it has received, only 36 had met all the conditions and their licensing would be considered...
South Africa joins 47 countries to implement new digital asset taxation standards
South Africa will implement the Crypto-Asset Reporting Framework standard by the OECD, which calls for automatic exchange of tax-relevant information...
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
Only 18% of Africans have owned digital assets: report
The report also revealed that high-earning millennials are the most digital currency-savvy and that poorer countries like Namibia lead digital...
Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’
Standard Bank CEO Lungisa Fuzile says that the bank is approaching digital assets cautiously in fear of an implosion, but...
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