South Africa

Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’
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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...
South Africa demands licensing for digital asset exchanges by December
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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...
Nigeria leads the world in digital asset awareness at 99%: report
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9 July, 2023

Nigeria leads the world in digital asset awareness at 99%: report

The report says 67% of internet users want to own their data, and 4 in 5 want control over their...
Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme
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2 May, 2023

Mirror Trading boss fined over $3B in US over unlawful crypto Ponzi scheme

South African national Steynberg was charged with the offense of operating a multi-level marketing scheme, which stole over 29,421 BTC...
Africa: Blockchain startups sees 429% surge in funding in 2022
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27 April, 2023

Africa: Blockchain startups sees 429% surge in funding in 2022

A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io...
Nigeria’s Roqqu exchange secures regulatory nod in South Africa
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25 April, 2023

Nigeria’s Roqqu exchange secures regulatory nod in South Africa

Roqqu, with 1.4 million users, will allow users to withdraw and deposit South African rand, tapping into one of Africa’s...
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