South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards

South Africa is proposing new rules around crypto-assets service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FAFT). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment. Finance Minister Tito Mboweni published the proposals in June. … Read more

A New Cryptocurrency Offers A Solution to Africa’s Financial Trouble

Co-founded by Bright Enabulele, the Oduwa Coin is a revolutionary digital payment ecosystem and the fintech solution to Africa’s financial trouble. Africa is one of the regions with the most complicated payment systems. Many countries in this part of the world are affected by a problematic system that drains out people’s income and remittances that … Read more

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