
Liquidators request greater powers in probing South Africa’s BTC Club
Mirror Trading International was forced into liquidation in December 2020, amid claims it was operating illegally and fraudulently.
Mirror Trading International was forced into liquidation in December 2020, amid claims it was operating illegally and fraudulently.
Africa’s profile as a significant player in the digital currency industry has continued to grow in recent years, Steve Kaaru writes.
In its draft bill, the Financial Sector Conduct Authority is proposing that all service providers register as financial service providers.
The latest service expands Centbee’s suite of off-ramp options which currently include utility payments.
By expanding to the three countries, BuyBSV has now given over 400 million people an easy way to access Bitcoin. The three nations have also been some of the biggest adopters of Bitcoin in recent years, both in Bitcoin ownership as well as the number of developers building on the massively scalable Bitcoin SV blockchain.
The three countries join over 40 others in which BuyBSV is available. They include the U.S, Brazil, Australia, the Philippines, New Zealand, Malaysia and Canada. The service is also widely popular in Europe, with Germany, the U.K., Belgium, Austria, Italy, Portugal, Monaco, Poland, France, Spain, Switzerland and Sweden—some of the countries where it’s available.
In addition to the easy access to Bitcoin, websites, blogs, online portals and vlogs in Russia, South Africa and Nigeria will now be able to embed a specially designed widget on their platforms, allowing their visitors to directly purchase BSV.
BuyBSV is a joint effort between CoinGeek and Coinify, a Danish digital currency exchange. The service allows users to set up their account, get verified in minutes and once they purchase the BSV, receive it in their wallets within an hour. Users can purchase up to €100 per order if they have a basic account and up to €10,000 if they upgrade their account.
BuyBSV’s continued growth and expansion is testament to the rapid growth that BSV has continued to experience. Despite being less than two years old, BSV has already risen to become the only massively scalable blockchain network, allowing developers to build applications that can serve billions across the world. With its low transactions fees, stable protocol and near-instant transactions, BSV has cemented its position at the top.
" title="BuyBSV now available in Russia, South Africa and Nigeria" />By expanding to the three countries, BuyBSV has now given over 400 million people an easy way to access Bitcoin.
For more on BSV, visit BitcoinSV.com and ‘come’ to the next major BSV event – CoinGeek Conference Live, Sept 30th – October 2nd is virtual and requires registration.
" title="BuyBSV.com expands to Russia, South Africa & Nigeria" />As the Bitcoin SV blockchain expands so does the need for easy accessibility and as a result you can now buy Bitcoin SV (BSV) on BuyBSV.com with VISA or MasterCard in: Russia, South Africa and Nigeria.
The Financial Sector Conduct Authority believes that the firm Mirror Trading has been operating without the required licenses.
The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to 500% interest in just 24 months.
The Texas securities regulator has issued an emergency order stopping a South African BTC and forex trading pool that has been illegally targeting Texans.
The founder of VaultAge Solutions, a South African digital currency scam that stole $16 million from at least 2,000 investors has been declared bankrupt.
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Robert Graham, chief financial officer of the South Africa-based company, has been named the Best Bitcoin Transactions CFO.