South Africa News News South Africa » Cryptocurrencies: South Africa recently declared bitcoin and other cryptocurrencies to be financial products. Here’s what we know
On Wednesday, South Africa declared crypto assets to be a financial product to make it easier for regulators to monitor the market and help to safeguard consumers. According to a new notice published ...
News South Africa » Cryptocurrencies: Cryptocurrencies continue to grow in popularity across Africa
Although the sector has been in for somewhat of a wild ride this year, with scandals relating to the collapse of FTX and plunging prices shaking the confidence of crypto-enthusiasts, the industry has ...
News South Africa » Cryptocurrencies: The Top Crypto Exchanges in South Africa to Buy and Sell BTC and Altcoins
South Africa is one of Africa's most active cryptocurrency markets, with a growing range of platforms catering to both beginner and experienced traders. This guide breaks down the top exchanges ...
News South Africa » Cryptocurrencies: South Africa proposes crypto tax guidance under existing framework
South Africa’s Revenue Service has released draft guidance explaining how cryptocurrencies could be taxed under the country’s existing Income Tax Act. The proposal outlines the tax treatment of crypto ...
News South Africa » Cryptocurrencies: Increasing role of cryptocurrencies in Sub-Saharan Africa
Recently a growing number of blogs and articles have been published focussing on the increased adoption of blockchain technology and cryptocurrencies in Africa especially in Sub Saharan Africa.
News South Africa » Cryptocurrencies: Cryptocurrencies are gaining ground across Africa. That’s both good news and bad
Some of the of 19,000 private cryptos in use by end of June 2022. Users have increased sharply in Africa after the COVID-19 outbreak. Silas Stein/Picture Alliance via Getty Images The report warns ...