South Africa

(Jesse Hamilton/CoinDesk)
South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.
(Jesse Hamilton/CoinDesk)

Luno logo (Luno)
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership between the CoinDesk subsidiary and crypto exchange will see the release of "Luno Large Cap Bundle," helping customers manage and maintain different investment...
Luno logo (Luno)

New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)
South African Self-Regulatory Body Mandates Risk Warnings in Crypto Ads
Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.
New rules seek to clamp down on the use of social media influencers such as Kim Kardashian. (Taylor Hill/FilmMagic/Getty Images)

Crypto Adoption and Opportunities in South Africa
Crypto Adoption and Opportunities in South Africa
Standard Bank Group Head of the Blockchain Centre of Excellence Ian Putter discusses crypto adoption inside South Africa, particularly after the fall of FTX.
Crypto Adoption and Opportunities in 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)