Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market.
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Category: South Africa
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Scams are driving South African authorities to regulate crypto trading
The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency.
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Liquidators seek expanded probe of alleged South African Bitcoin scheme
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme.
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Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables Africans at home and abroad […]
The post Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year appeared first on Bitcoin News.
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Following Binance Uganda closure, Binance P2P makes strong inroads in Africa
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
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Can blockchain make a difference? Africa sees vast monetary potential
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.
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MoAfrika – Africa’s Biggest Online Tour Operator now Accepts Bitcoin
PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. Africa’s largest online tour operators, MoAfrika, offers tourists from around the […]
The post MoAfrika – Africa’s Biggest Online Tour Operator now Accepts Bitcoin appeared first on Bitcoin News.
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Exploring the landscape of crypto regulations in sub-Saharan Africa
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.
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South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand Globally New York-based Digital Currency Group (DCG), an investment firm that […]
The post South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group appeared first on Bitcoin News.
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Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent onchain in the last year. The total […]
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