Travel Rule now applies to VASPs in South Africa, but Centbee has been ready for years
The Travel Rule has focused on banks, but a recent amendment has broadened it to include VASPs, and as Centbee revealed, it preempted the rule months ago.
Latest South Africa News
South African Reserve Bank promotes digital assets-friendly behavior from financial institutions
The Prudential Authority, the arm of the SARB that oversees financial institutions, urges banks to adopt a risk assessment approach to virtual assets service providers.
South Africa’s digital assets taxation regime poses challenges to investors, legal expert says
The South African Revenue Service defines digital assets as all items stored on a distributed ledger on decentralized networks, including currency and non-currency assets.
Monero’s Riccardo ‘Fluffypony’ Spagni released from custody in South Africa
The former Monero lead maintainer was extradited to South Africa from the U.S. earlier this month to face over 370 charges of fraud against his former employer.
Monero’s Riccardo Spagni to surrender to South African authorities
In June 2021, Riccardo Spagni was arrested by the U.S. authorities at the request of the South African government. He was charged with 378 counts of fraud and forgery in his home country.
Monero’s Riccardo Spagni charged with 378 charges of fraud and forgery in South Africa
The South African government issued an arrest warrant for the former Monero lead maintainer, who is accused of defrauding $100,000 from his former employer.
South Africa’s Sinan Energy launches carbon tokenization blockchain platform
Sinan Energy is targeting 100MW of distributed generation in South Africa, with the funding for the project coming from the sale of tokenized carbon credits.
South Africa completes second phase of wholesale CBDC trials
Project Khokha 2 involved the country’s top banks, which experimented on a wCBDC for interbank payments settlement, but SARB says results are still inconclusive.
Testing Centbee’s new features: Wallet’s functionalities offer convenient options to buy BSV
South African based Bitcoin SV wallet Centbee has released several new features over the past few months that have not gotten much attention in the community.
FTX, ByBit serving South Africans illegally, regulator warns
The FSCA said it has tried to contact FTX on the issue to no avail, but CEO Sam Bankman-Fried refuted the claims and said he wants to work with the regulator.
CoinGeek Weekly Livestream with Lorien Gamaroff: Making Bitcoin accessible worldwide with Centbee and BSV
Lorien Gamaroff joined the latest episode of the CoinGeek Weekly Livestream and talked about Centbee's new "Honey Rewards" feature and his passion to make Bitcoin accessible for everyone.
Africrypt founders under probe over $3.6B scam in South Africa
Authorities have launched a probe into the two Cajee brothers, the founders of Africrypt who allegedly vanished with billions after a Dubai firm started paying some of the victims.