Where Bitcoin ATMs differ largely from traditional ATMs is that they mostly facilitate the purchase of cryptocurrency (cash deposit) and in very rare cases the sale of it (cash withdrawal)

The South African Reserve Bank will have regulations for cryptocurrency by the end of 2023 South Africa surged past Kenya to take the...

South Africa has dethroned Kenya as the country with the highest cryptocurrency ownership rate

How many African countries are looking at central bank digital currencies, and how far are they? Only Nigeria has an active CBDC, South Africa and Ghana have a CBDC in the pilot phase while Mauritius and the Central African Republic have CBDCs coming soon

Cryptocurrency adoption in Africa is at its toddler stages. Countries are split between banning, allowing and being lukewarm on cryptocurrency

The adoption of blockchain technology in Africa will result in the movement of commerce away from paper-based transaction systems, laden with countless problems including corruption, time-consuming verification, and higher costs for traders, to safer, efficient, automated, digital systems of engagement.

According to a working group study, daily crypto asset trading prices in South Africa "exceeded $145 million for the first time" in January 2021. The new restrictions are intended to increase transparency and reduce cryptocurrency usage for illegal purposes.

In 2021, crypto scams in Africa were 12 times more prevalent than in 2020, with total amounts lost increasing by over 1000 per cent.

A blockchain can record the provenance of portable assets, food, and even job recommendations. It can also record charitable donations tied to specific...