2021 year in review: Bitcoin comes of age in Africa
2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there was the bad as well, like a $3.8B scam.
2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there was the bad as well, like a $3.8B scam.
The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector for retail investors.
The new proposed regulation seeks to ban pension funds from buying and holding digital assets, which are defined in the draft legislation as "crypto-assets."
iCE3 went into liquidation in April, but according to a new report, there’s a discrepancy of 54 BTC, worth $3.3 million, as well as other digital currencies.
Binance is looking to open headquarters in Ireland after registering three firms there, but in South Africa, it’s been forced to drop derivative products.
Centbee has unveiled a new ‘shop’ feature that supports payments at major outlets, from Walmart to Amazon, further giving users more BSV payment options.
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in a central bank digital currency.
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.
The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency as he advocated for regulations.
The man mined the BTC a decade ago when it was still just worth cents, accumulating 20 BTC, but since there was no one to sell to, he forgot about his fortune.
Spagni has not been convicted of anything yet, but he stands accused of defrauding his former employer, Cape Cookies, out of R1.4 million, or just shy of US$100,000, over the course of two years.
The FBI is reported to be teaming up with liquidators managing the assets of Mirror Trading International, acting on behalf of U.S.-based investors who have been left short in the collapse of the exchange.