Tag: South Africa

Cape Town: The Emerging Crypto Hub of Africa

Cape Town's reputation as a crypto hub is reinforced by its hosting conferences like Adopting Bitcoin and Crypto Fest Cryptopia. The "Mother City"...

Breaking: SA issues first-ever crypto licences to 59 firms

South Africa's FSCA crypto licenses were granted to 59 cryptocurrency firms. In August 2022, the SARB laid down guidelines for financial institutions...

Embracing the Digital Future: South Africa’s Regulatory Path for Cryptocurrencies

South Africa's Financial Sector Conduct Authority (FSCA) has granted operating licenses to 59 cryptocurrency businesses. The authority received a total of 355 applications...

Strike Africa: Transforming Financial Landscapes with Bitcoin

Strike has unveiled its plan to branch beyond the United States and El Salvador. Strike's blog post outlines its achievements and hints...

Ponzi Scheme Redux: MMM Krypto Raises Concerns, Triggers FSCA Warning

The resurgence of MMM has prompted the FSCA in South Africa to issue a warning about the scheme's alluring promises of unrealistic returns. ...

South Africa’s Crypto Regulation Takes the Lead: FSCA Receives Surge in License Applications

As of the end of October, the FSCA had already received 93 applications for Crypto Asset Provider licenses, redefining the crypto regulation sphere. ...

Paycorp and Triple-A Partnership Redefine Crypto Transactions in South Africa

The Paycorp and Triple-A partnership seeks to introduce a new feature to the Paycorp-powered CryptoExpress app.  Over the past two decades, Global Payment...

Fintech Frontier: Stitch’s “Pay with Crypto” Redefines South Africa’s Payments

"Pay with Crypto" transcends conventional limitations, presenting itself as a versatile solution applicable across diverse industries. Paycorp's new application, CryptoExpress, aims...

Paycorp Unveils CryptoExpress App for 3000 ATMs in South Africa

Since 1998, Paycorp has dedicated itself to resources and working to provide more accessible ways to send and receive money. Currently, there are...

Nigeria and South Africa: Leaders of the Crypto and Web3 Revolution in Africa

A staggering 99% of South Africans and 98% of Nigerians have heard of cryptocurrencies, surpassing all other countries in the YouGov study on...

Cryptocurrency goes mainstream in South Africa through VALR Pay

With VALR Pay, users can make instant payments in cryptocurrencies or South African Rands (ZAR) to any cell phone number, email address, or...

Key takeaways from African Presidents at the 15th BRICS summit

With the inclusion of six nations in the developing countries bloc, BRICS now controls 30 percent of the global economy BRICS appears more...

Momint allows South Africans to spend crypto in over 10000 stores

Blockchain technology is redefining how individuals interact with money, transcending borders and reshaping financial transactions. This integration empowers users to harness the potential...

Examining the progress of the African Metaverse

The African Metaverse has the potential to foster cross-cultural understanding and collaboration. By bringing people from different parts of Africa together in a shared virtual space, the Metaverse can help to break down barriers and build bridges between different communities and cultures. Essentially, the African Metaverse is a new frontier for digital innovation, potentially transforming many aspects of society. The African Metaverse can shape the continent’s future by democratizing access to digital content and services, creating new economic opportunities, and fostering cross-cultural understanding.

Direct Property Africa Token helps investors to virtually own property across African cities

The Direct Property Africa Token (DPAT) is a digital token that represents an ownership stake in a portfolio of income-generating properties across Africa ...

Discover Africa’s leading country for Crypto: Which nation takes the lead?

As a continent with 54 countries, there is natural interest to see which country will have the most cryptocurrency users per population and...