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South Africa
This Bitcoin Documentary From Africa Is Streaming on Amazon Prime
A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies.
South Africa Proposes Strict Crypto Regulatory Framework
South Africa’s financial regulators recommended that cryptocurrency be used for domestic payment purposes, but that it not be treated as legal tender or allowed as a settlement tool.
German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency.
Crypto Ponzi Scheme Says It Has 'No Cash to Pay out' to Upset Investors
Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.
Pan-African Insurer Old Mutual Will Not Insure Mining Rigs
South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there.
Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth
The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.
Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR
South Africa's VALR exchange is launching March 1, expanding bitcoin access across the continent.
South Africa’s Central Bank Proposes Rules for Crypto Companies
Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank.
BRICS Bank Consortium to Research Blockchain Applications
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
South Africa's Central Bank Claims Success in Blockchain Payment Trial
South Africa Reserve Bank indicates that tests of a blockchain-based system for interbank clearance and settlement produced astonishing results.
