
South Africa
South Africa urges regulators to classify ‘crypto’ as onshore assets
Digital currency is neither classified as an onshore or offshore asset in South Africa but transferring it to foreign platforms...
South African DeFi users to hit 380,000 in 2025: study
South African DeFi platforms are expected to generate $2.9 million in revenue in 2025, with lending, payments and DEXs the...
Microsoft to upskill 1M South Africans on AI as scams surge
Microsoft will train 1 million South African youth on AI and other digital skills by 2026 as part of its...
South African Reserve Bank gov hits out at US ‘crypto regulatory capture’
Lesetja Kganyago warned that the push by ‘crypto bros’ to have pro-crypto leaders is a thinly veiled attempt to skirt...
South Africa issued 248 VASP licenses as adoption soared in 2024
The FSCA revealed that it received 420 applications, approved 248, declined nine, and is still considering dozens more as local...
Africa’s 2024 in review: Adoption unfazed, regulatory reckoning
It was a year of regulatory reckoning for VASPs, which had operated unchecked in Africa for years. Meanwhile, BSV Association’s...
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