South Africa

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

    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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South Africa’s Real Estate Market Enters the Crypto Era

    Digital currencies are redefining financial transactions, as South Africa leaps into the future by allowing property purchases with cryptocurrencies like Bitcoin.  This innovative approach not only bridges the gap between traditional real estate and modern FinTech, but also showcases South Africa’s progressive stance on digital finance.   A New Chapter in Property Investment

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Sub-Saharan Crypto Adoption 2023-2024: At A Glance

  Sub-Saharan Africa is rapidly becoming a hotspot for cryptocurrency adoption, with countries like Nigeria, Ethiopia, Kenya, and South Africa leading the charge. According to the latest reports from Chainalysis, the region saw an estimated $125 billion in on-chain value between July 2023 and June 2024, marking a $7.5 billion increase compared to the previous

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Johannesburg Investment Advisers Barred for 30 Years: Implications for South Africa and Beyond

  The recent decision by the South African High Court to bar Johannesburg-based investment advisers from practicing for 30 years has sent shockwaves through the financial community. The case has significant implications for investors and financial markets, not only in South Africa but across the African continent. The Legal Case The High Court found the

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South Africa’s Upcoming Crypto Extravaganza – Crypto Fest 2024

  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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African Developer Creates New Software So Africans Can Use Bitcoin Without Internet Access

Citizens in Africa are using new and exciting ways to get paid without having internet access. Thanks to South African software developer Kgothatso Ngako, Forbes reported, the people of Africa can make bitcoin peer-to-peer transactions with Machankura, the new solution that makes Bitcoin access easy even if they’re not online. In tech terms, it provides access to the Lightning Network through an

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Original Article By: https://www.blackenterprise.com/african-developer-creates-software-for-africans-to-use-bitcoin-without-internet-access/

World’s Largest Crypto Exchange, Binance, Hires Finance Executive To Lead Operations In South Africa.

    Binance, the world’s leading crypto and blockchain infrastructure provider, has announced the appointment of Hannes Wessels as the Country Head of South Africa to drive its business operations in the region. Hannes brings with him over 10 years of experience in the finance sector and is the previous Head of Global Banking for South

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Original Article By: https://techfinancials.co.za/2022/08/15/worlds-largest-crypto-exchange-binance-hires-finance-executive-to-lead-operations-in-south-africa/