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3232Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say
https://www.digit.info/regulation-of-cryptocurrency-in-south-africa-should-not-scare-away-investors-experts-say/
Sat, 30 Jul 2022 10:30:10 +0000https://www.digit.info/2022/07/30/regulation-of-cryptocurrency-in-south-africa-should-not-scare-away-investors-experts-say/Read more]]>Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a […]
]]>Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
https://www.digit.info/report-leading-south-african-bank-sends-account-termination-notices-to-crypto-arbitrage-traders/
Sat, 23 Oct 2021 11:30:54 +0000https://www.digit.info/2021/10/23/report-leading-south-african-bank-sends-account-termination-notices-to-crypto-arbitrage-traders/Read more]]>One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through the cryptocurrency industry. The sending of the notices has also raised questions about the criteria that Standard Bank is […]
]]>South African Crypto Platform Revix Raises $4.1 Million
https://www.digit.info/south-african-crypto-platform-revix-raises-4-1-million/
Tue, 20 Apr 2021 12:30:18 +0000https://www.digit.info/2021/04/20/south-african-crypto-platform-revix-raises-4-1-million/Read more]]>The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution (4IR) investment opportunities.” Furthermore, Revix says it also plans to use part of […]