Bitget Enables South African Rand Deposits and Withdrawals via Callpay

Bitget, a Seychelles-based crypto exchange, has partnered with Callpay to enable South African Rand (ZAR) deposits and withdrawals. Streamlining Fiat-Crypto Transactions The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it had integrated with the payment solutions provider Callpay to “offer deposit and withdrawal services in South African rand (ZAR).” It described the integration as … Read more

Study: South Africa’s DeFi Market Volume Set to Hit $180M by 2028

A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance (DeFi) activities are gaining traction, with projected volume expected to reach … Read more

U.S.-South Africa Tensions Escalate: Trump Threatens to Cut Aid Over Land Expropriation Act

Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question The tiff between the United States and South Africa appeared to worsen on Feb. 3 after South African President Cyril Ramaphosa rebuffed Donald Trump’s threat … Read more

Microsoft’s Ambitious Plan: Train 1 Million South Africans in AI and Cybersecurity

Microsoft has announced plans to train 1 million people in South Africa on artificial intelligence (AI) and cybersecurity skills by 2026. This initiative, part of Microsoft’s broader efforts to empower individuals and businesses across Africa, aims to equip South Africans with the necessary skills to thrive in the digital economy. This announcement builds upon Microsoft’s … Read more

South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture

Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on … Read more

South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications

The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP) licenses from the 420 applications it received. According to a … Read more

South Africa Seeks Input on National AI Policy Framework

The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation, as well as ethical considerations, such as transparency, accountability, and fairness. The policy framework is open … Read more