Crypto

South Africa’s Crypto Boom: FSCA Issues New Licenses Amid Growing Adoption

Adoption, South Africa / Leave a Comment

    South Africa is making headlines in the cryptocurrency world this week as the Financial Sector Conduct Authority (FSCA) has issued a new batch of licenses to Crypto Asset Service Providers (CASPs), bringing the total number of licensed CASPs in the country to 248. South Africa is experiencing a significant surge in cryptocurrency adoption, […]

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Countdown to the US Elections: What Could It Mean for Crypto in Africa?

Business News / Leave a Comment

  As the United States gears up for its presidential election in three weeks, the world watches closely. Could the outcome of this election have significant implications for the cryptocurrency landscape across the African continent?  In this article, we take a look at the stances each leading candidate has taken to crypto and potential impacts

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Bitcoin: Holding Strong Going Into Q4

Bitcoin / Leave a Comment

  October 14, 2024 – Despite ongoing global economic uncertainty, Bitcoin continues to demonstrate its resilience as a top-performing asset. According to the New York Digital Investment Group (NYDIG), Bitcoin has maintained its position as the best-performing asset in terms of returns, despite its well-known volatility.  Analysts remain bullish on Bitcoin’s prospects for the fourth

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Staying Secure in the Crypto Space: Defending Against Crypto Scams

ACCN, Investments / Leave a Comment

  As Africa’s digital landscape continues to flourish, so do the scammers who prey on unsuspecting victims. Crypto scams have become a growing concern, targeting individuals with promises of easy wealth and financial freedom.  But beware, my friends, for these scams are as sly as a snake in the grass.  In this article, we’ll delve

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Understanding the Unique Dynamics of the African Cryptocurrency Market

ACCN / Leave a Comment

  The cryptocurrency market in Africa is rapidly evolving, presenting unique characteristics that distinguish it from more established markets like those in North America, Europe and Asia.   Adoption Driven by Necessity In many African countries, cryptocurrency adoption is driven by necessity rather than speculation.  High inflation rates, unstable local currencies and limited access to

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South Africa’s Upcoming Crypto Extravaganza – Crypto Fest 2024

Events / Leave a Comment

  A Convergence of Innovation and Culture in Cape Town South Africa is poised to host it’s latest edition of Crypto Fest, which aims to showcase the continent’s dynamic and rapidly growing crypto ecosystem, and provide a networking opportunity for people in the crypto space.  Taking place from 10th-12th October 2024 in Cape Town this

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How Africa Fuelled 1,614% User Growth: Bitget’s Meteoric Rise

Exchange / Leave a Comment

    Africa is buzzing with a cryptocurrency revolution!  Imagine a continent where economic ups and downs, limited banking access and a young, tech-savvy crowd are all fuelling a digital gold rush. Why the hype? Cryptocurrencies are breaking down financial barriers, offering a more inclusive and accessible way for Africans to manage their money.  Bitcoin

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The Pulse of Progress: 6th Edition of African Digital Summit 2024 Unlocking Innovation, Collaboration, and Growth

Events, Morocco / Leave a Comment

The African Digital Summit (ADS) is set to return for its 6th edition on October 8 and 9, 2024. Get ready for one of the most anticipated event in Africa’s digital calendar!  Scheduled this year for October 8-9, 2024 in Casablanca (Morocco), the African Digital Summit is set to return for its 6th edition, promising

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An Eye on Regulation: Nigeria’s Crypto Landscape in 2024

Nigeria, Regulation / Leave a Comment

  In a significant turn of events, Nigeria has made headlines in 2024 with its newly progressive stance on cryptocurrency regulation.  As one of Africa’s largest economies and a key player in the continent’s digital revolution, Nigeria’s regulatory shifts are poised to influence the broader African crypto market. The Lifting of the Ban In a

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South African Ombud to Investigate Crypto Complaints

South Africa / Leave a Comment

FAIS Ombud Announces Commitment to Resolve Complaints in a “Procedurally Fair, Informal, Economical and Expeditious Manner” The South African Office of the Ombud of Financial Services Providers (FAIS) has announced that it can now investigate complaints against providers of crypto assets, as well as existing registered Financial Service Providers who offer advice on Cryptocurrency. There

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