south africa bitcoin – DIGIT INFO

Schindlers Digital Assets Launches Real Estate Purchases With Crypto in South Africa

DIGIT — Wed, 20 Nov 2024 23:30:52 +0000

Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process for crypto holders in South Africa to buy real estate with bitcoin or […]

Go to Source

8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims

DIGIT — Mon, 05 Jul 2021 10:30:54 +0000

A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors. Liquidators Want Court to Declare MTI a Ponzi Scheme […]

Go to Source

Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework

DIGIT — Mon, 14 Jun 2021 08:00:53 +0000

South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that […]

Go to Source

A Forex Broker Transfers 1,200 BTC Belonging to the Mirror Trading International to a South African Liquidator

DIGIT — Thu, 01 Apr 2021 06:30:12 +0000

Fresh reports from South Africa suggest that a total of 1,200 bitcoins belonging to the now-defunct Mirror Trading International (MTI) were recently transferred from FX Choice to an appointed liquidator. The reports add the transfer had been sanctioned by the Financial Sector Conduct Authority (FSCA), the country’s financial industry regulator. Confirmation of the Transfer According […]

Go to Source

South Africa Unveils New Crypto Rules as Usage Soars Exponentially

DIGIT — Sat, 21 Nov 2020 12:45:56 +0000

The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South Africa’s Financial Sector Conduct Authority (FSCA) announced Friday that it has published “a draft declaration of […]

The post South Africa Unveils New Crypto Rules as Usage Soars Exponentially appeared first on Bitcoin News.

Go to Source

South Africa Proposes 30 Rules to Regulate Cryptocurrency

DIGIT — Sun, 19 Apr 2020 13:15:23 +0000

South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by the Financial Action Task Force (FATF). Top Regulators Publish Crypto Regulatory Policy A number […]

The post South Africa Proposes 30 Rules to Regulate Cryptocurrency appeared first on Bitcoin News.

Go to Source