
South Africa
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6 December, 2023
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...
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13 November, 2023
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...
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12 September, 2023
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...
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24 July, 2023
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...
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19 July, 2023
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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13 July, 2023
South Africa demands licensing for digital asset exchanges by December
The FSCA says 20 exchanges have submitted applications, including Digital Currency Group-owned Luno, with the new licensing requirement meant to...