South Africa

Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says
Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says
Standard Bank Group Head of the Blockchain Centre of Excellence Ian Putter discusses his outlook for digital assets and blockchain technology in traditional banking. Plus, ins...
Blockchain Adoption in South Africa Moving Rapidly, Standard Bank Group's Putter Says

How Machankura Allows Bitcoin Transactions Without an Internet Connection
How Machankura Allows Bitcoin Transactions Without an Internet Connection
Bitcoiners in African countries, including Nigeria, South Africa, Kenya and Ghana, can now send and receive bitcoin (BTC) without a smartphone or Internet connection. Machanku...
How Machankura Allows Bitcoin Transactions Without an Internet Connection

South Africa (Jacques Nel/Unsplash)
South Africa Adds Crypto Businesses to List of Accountable Institutions
Crypto exchange and custody businesses are among entities that will have to identify and keep records for new and existing clients.
South Africa (Jacques Nel/Unsplash)

Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scien...
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers

South African grocery store chain Pick n Pay to accept bitcoin payments. (Nathalia Rosa/Unsplash)
South African Supermarket Chain Pick n Pay Now Accepts Bitcoin Payments: Report
The retailer is taking payments from any Lightning Network-enabled wallet.
South African grocery store chain Pick n Pay to accept bitcoin payments. (Nathalia Rosa/Unsplash)

South Africa is classifying crypto assets as financial products. (Shutterstock)
South Africa Classifies Crypto Assets as Financial Products
The move brings digital assets more under the purview of the country’s regulators.
South Africa is classifying crypto assets as financial products. (Shutterstock)

The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)
South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents of Mossel Bay on bitcoin, finance and other subjects.
The new Bitcoin Ekasi Center has launched in South Africa. (Bitcoin Ekasi)

South African banks are allowed to handle crypto funds, the country's bank said. (peng song/Getty Images)
South Africa's Central Bank Greenlights Financial Institutions to Serve Crypto Clients
The bank warned against the "wholesale" banning of customers who have digital assets.
South African banks are allowed to handle crypto funds, the country's bank said. (peng song/Getty Images)

Kuben Naidoo, a deputy governor of the South African Reserve Bank (Horacio Villalobos/Corbis)
South African Central Bank to Look at Regulating Crypto
The country may also issue a central bank digital currency.
Kuben Naidoo, a deputy governor of the South African Reserve Bank (Horacio Villalobos/Corbis)

CFTC Charges Mirror Trading International With $1.7B Fraud
CFTC Charges Mirror Trading International With $1.7B Fraud
In one of the biggest scams in bitcoin’s history, the Commodity Futures Trading Commission has charged South Africa-based bitcoin pool operator Mirror Trading International wi...
CFTC Charges Mirror Trading International With $1.7B Fraud