South Africa

(Shutterstock)
South Africa's Central Bank: It's 'Too Risky' to Launch a Cryptocurrency
A senior official for the South African Reserve Bank has spoken of the risks for the institution in launching its own cryptocurrency.
(Shutterstock)

Johannesburg, South Africa
South Africa's Financial Power Players Are Going All-In on Blockchain
Nearly every major financial institution in South Africa has gathered to chart the country's path towards possible large-scale blockchain adoption.
Johannesburg, South Africa

sarb
SARB Chief: Blockchain Could Bring Financial Access to Millions of People
The governor of South Africa's central bank struck a positive note on blockchain earlier this month.
sarb

oversight
'Sovereign' Blockchains Will Change Monetary Policy, Bank Paper Argues
A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.
oversight

teamwork
Banks Trial Blockchain With South African Regulators
South African banks and regulators are teaming up on blockchain.
teamwork

desktops, computers
CSDs to Collaborate in Distributed Ledger First
Two central securities depositories (CSDs) have agreed to collaborate on distributed ledger initiatives in a first-of-its-kind agreement globally.
desktops, computers

South Africa, SA
South African Central Bank 'Open' to Blockchain and Cryptocurrency
South Africa’s central bank is “open” to cryptocurrencies and blockchain, according to new statements from its governor.
South Africa, SA

Screen Shot 2016-07-19 at 2.40.08 PM
South Africa's Banks Are Going DIY to Test Ethereum's Blockchain
A team of six South African banks is now conducting experiments with ethereum's blockchain, a process that was bootstrapped by Whatsapp.
Screen Shot 2016-07-19 at 2.40.08 PM

Absa
South African Bank Joins R3 Blockchain Consortium
One of South Africa’s largest banks has joined the global blockchain consortium led by R3CEV.
Absa

e-commerce, online shopping
South Africa's eBay Bidorbuy Adds Bitcoin Payments
South African online marketplace Bidorbuy has enabled bitcoin purchases through an integration with BitX.
e-commerce, online shopping