News about AFRICA

News about Africa

Bitcoin: A Comprehensive Guide To The World's Most Popular ... - Tech Build Africa

Bitcoin: A Comprehensive Guide To The World's Most Popular ...& & Tech Build Africa

Revolutionizing Fiat Payments: How Stablecoins Empower Africa and South America

Stablecoins, a sort of cryptocurrency meant to maintain a stable value, have received a lot of interest because of its potential to revolutionize financial institutions all around the world. Stablecoins offer a possible alternative in places where tr...

From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023. Last week saw more rules and regulat...

Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down

According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fine...

South Africa to mandate crypto exchange licenses by year-end: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. South Africa’s financial regulator has announced...

South Africa to mandate crypto exchange licenses by end of 2023: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. South Africa’s financial regulator has announced...

South Africa Imposes Licensing Requirements on Crypto Exchanges

Cryptocurrency exchanges operating in South Africa have until November 30 to register with the country’s financial regulator. Those who will not comply with the directive risk facing enforcement actions, including fines or business closure, the Fin...

South Africa Imposes Year-End Licensing Deadline For Crypto Exchanges

In a move to regulate the fast-growing crypto industry, South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has announced a year-end deadline for mandatory licensing of all crypto exchanges operating in the nation...

Crypto Operators In South Africa Must Register By November 30 Says FSCA

Summary: Crypto exchange operators in South Africa have until November 30 this year to apply for a license.This forms part of a plan by the country’s Financial Sector Conduct Authority designed to standardize the local industry and mitigate cryp...

South Africa Sets Year-End Licensing Deadline for Crypto Exchanges

According to Bloomberg, South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already receiv...

40% of South Africans Familiar With the ‘Concept of Web3’ — Study

Some 40% of South African survey participants are familiar with the concept of Web3 and a further 80% believe the technology backing cryptocurrencies can “transform or fully rebuild the financial system,” according to the findings of a Co...

China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals

According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Frid...

Africa’s cryptocurrency market surged by 1,200% between 2020 to 2021: Report

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Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study

Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0...

Crypto executives say Bitcoin solves real problems in Africa ... - Cryptopolitan

Crypto executives say Bitcoin solves real problems in Africa ...& & Cryptopolitan

Human Rights And Electricity, 2 Reasons Why Africans Are Turning To Bitcoin - Forbes

Human Rights And Electricity, 2 Reasons Why Africans Are Turning To Bitcoin& & Forbes

Haru Invest Fallout: South African Crypto Platform Says Customers Can Only Access 76% of Crypto Holdings

The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one...

Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn’t the “casino” it can sometimes feel like in the West. While many investors in...

Study: Crypto Adoption More Significant in Poorer African Countries ... - Bitcoin News

Study: Crypto Adoption More Significant in Poorer African Countries ...& & Bitcoin News

Study: Crypto Adoption More Significant in Poorer African Countries

While as much as 66% of surveyed African residents claimed to have been exposed to digital assets like bitcoin, about 82% of respondents said they have never owned crypto. The findings of the survey study suggest that the adoption of crypto is more s...

How to send money to Africa from the USA without I.D.

Today I will tell you the method of sending money from the USA to Africa, without I.D. All you need is cash or a bank card balance and smartphone with a telegram application. Also share your methods that I could use to send money to Africa from...

France’s Macron Hopes to Attend BRICS Summit in South Africa, Report

French President Emmanuel Macron wants to join the leaders of the BRICS nations when they meet in August, according to a press report. While his participation in the multipolar bloc’s summit is uncertain, Macron has already scheduled another summit i...

How to send money to Africa from the USA without I.D. (personal experience)

Today I will tell you the method of sending money from the USA to Africa, without I.D. All you need is cash or a bank card balance, a mobile phone with a telegram application. Also share your methods that I could use to send money to Africa fro...

How blockchain technology makes it easier for Africans to upskill

The narrative that blockchain technology could revolutionize how people interact with technology in Africa may not be stale after all. The latest episode of Cointelegr...

Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees

African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees ha...

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