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South Africa

Police
Markets
Crime
$50 Million Gone? South African Police Probe Suspected Bitcoin Ponzi
As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group.
Police
By Nikhilesh De
Mar 2, 2018 at 9:30 p.m. UTC
Mar 2, 2018
CrimeSouth AfricaNewsscamBTC Global
CoinDesk - Unknown
Markets
Payments
South Africa's Central Bank Eyes JPMorgan Blockchain Tech
South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.
CoinDesk - Unknown
By Wolfie Zhao
Feb 14, 2018 at 1:00 p.m. UTC
Feb 14, 2018
paymentsEthereumSouth AfricaBankingNewsCentral BankingDistributed Ledger TechnologySouth African Reserve Bankdltuse-cases-verticalsbusiness newsTechnology News
Supermarket
Markets
Payments
Pick n Pay Double Take? The Supermarket Chain Isn't Accepting Bitcoin, It Tested It
South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.
Supermarket
By Rachel-Rose O'Leary
Sep 19, 2017 at 10:00 p.m. UTC
Sep 19, 2017
paymentsSouth AfricaRegulationNewsLegalPick n payuse-cases-verticalsbusiness news
(Shutterstock)
Markets
Africa
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)
By Stan Higgins
Aug 23, 2017 at 9:00 a.m. UTC
Aug 23, 2017
AfricaSouth AfricaCryptocurrencyCentral BankNewsCentral Bankinguse-cases-verticalsbusiness news
Johannesburg, South Africa
Markets
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
By Michael del Castillo
Feb 7, 2017 at 12:25 p.m. UTC
Feb 7, 2017
AfricaSouth AfricaBankingBlockchain ApplicationsStrateFeatures
sarb
Markets
South africa
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
By Stan Higgins
Jan 26, 2017 at 1:28 p.m. UTC
Jan 26, 2017
South AfricaRegulationNewsCentral BankingSARB
oversight
Markets
Tax
'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
By Stan Higgins
Dec 9, 2016 at 1:34 p.m. UTC
Dec 9, 2016
TaxTechnologySouth AfricaBankingNewscentral banksFirstRand BankTechnology News
teamwork
Markets
Technology
Banks Trial Blockchain With South African Regulators
South African banks and regulators are teaming up on blockchain.
teamwork
By Stan Higgins
Oct 31, 2016 at 8:09 p.m. UTC
Oct 31, 2016
TechnologySouth AfricaNewsAbsaSouth African Reserve BankTechnology News
desktops, computers
Markets
Russia
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
By Pete Rizzo
Sep 27, 2016 at 12:50 p.m. UTC
Sep 27, 2016
RussiaSouth AfricaBankingNewscapital marketsSibos 2016
South Africa, SA
Markets
Technology
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
By Stan Higgins
Aug 23, 2016 at 3:06 p.m. UTC
Aug 23, 2016
TechnologyAfricaSouth AfricaCentral BankRegulationNewsTechnology News