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South Africa
How Bitcoin Contributions Funded a $1.4M Solar Installation in Zimbabwe
The long-running Sun Exchange has a pitch for environmentally conscious bitcoiners.
South African Police Investigate Missing Brothers’ Crypto Platform, Africrypt
South African police are investigating in four provinces and cities including Johannesburg and Durban.
South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.
Banks Stablecoin Project, Watch for Fed Taper in 2022
Binance Asia Services takes an 18% stake in HG Exchange. Korea’s Shinhan Bank and South Africa’s Standard Bank show off stablecoin project. Fed tapering a potential crypto market catalyst in 2022. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
South African Pension Funds to Be Banned From Crypto Investment, Draft Rules Indicate
“A fund may not invest in crypto-assets directly or indirectly,” according to proposed rule changes in the Government Gazette published Friday.
Binance Ends Various Offerings to Clients in South Africa
Clients in South Africa are no longer able to open new accounts for futures, options, margins or leveraged tokens.
Riccardo ‘Fluffypony’ Spagni Released by US Court, ‘Actively Working’ on Return to South Africa
The release frees Spagni, at least temporarily, while he attempts to “address this matter” and put it behind him “once and for all.”
South African Regulator Issues Warning Over Binance
The crypto exchange is barred from offering services in the country.
Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments
The four central banks are working on a joint project that will develop and test shared platforms for international settlements with multiple CBDCs.
Riccardo ‘Fluffypony’ Spagni Hires Top Attorney to Battle Extradition to South Africa on Fraud Charges
Spagni has hired Brian Klein, a leading crypto trial attorney, to handle his case.