The South African Reserve Bank is set to implement regulations to govern crypto in Q1 next year, completing a process started in 2014.
The move affects the largest crypto exchanges in South Africa, with the banks citing regulatory ambiguity.
Joburg is under attack from hackers who claim to have sensitive information and will release it if their ransom demands aren’t met.
South Africa-based crypto payment ecosystem company Centbee is developing a number of products for payment and remittance on the blockchain.
Centbee has continued to prove that BSV is the only crypto project that can solve the remittance challenges through real-time transactions and low fees.
The exchange has partnered with global players to provide liquidity for its high-volume traders whom the OTC trading service will target.
South African cryptocurrency exchange and wallet Luno has registered stellar growth, hitting 3 million wallets.
Startups have a hard time operating anywhere in the world, but it’s another level of difficulty in Africa.
Bitcoin Wallet, which by all apperances is an obvious Ponzi scheme, now surprisingly can’t pay back its investors.