Tag: Africa

Bitcoin Price Touches All-Time High in South Africa and Japan

South African crypto exchange VALR announced that the price of Bitcoin reached one million South African Rands (ZAR). Bitcoin’s price also skyrocketed to...

Why Crypto in South Africa is Set to Skyrocket

Gerhard van Deventer, the head of Divisional enforcement at South Africa’s Financial Sector Conduct Authority (FSCA), confirmed that crypto service providers would start...

Coinbase Expands USDC Services in Africa in Latest Push

Coinbase is expanding its services across 20 African nations in partnership with Yellow Card. This initiative promises to introduce USDC, a stablecoin, across...

South Africa Makes Licensing Mandatory For Crypto Exchanges

South Africa plans to take enforcement action against crypto exchanges operating without a license by the end of 2023. This year, the countries are...

Crypto Venture Capital Grows 400% in Africa Despite Bear Market

Crypto venture capital investment grew over 400% in Africa in 2022 to about $470 million, outstripping global VC investment’s 4% growth that saw...

Is Africa Ditching the US Dollar for Bitcoin?

As several African nations grapple with the negative effects of the ongoing US dollar crisis, there’s growing interest in adopting Bitcoin as an...

Crypto Advertisements Face Regulation in South Africa

South Africa has announced specific rules for crypto advertisements to protect investors, with advertisers being told they must disclose the risks associated with...