Bitcoin not a currency? South Africa to regulate crypto as financial asset
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months. Go to Source Powered by WPeMatico
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Former Monero maintainer Riccardo ‘Fluffypony’ Spagni to surrender for South Africa extradition
Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. Go to Source Powered by WPeMatico
Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy and Mineral Development said there’s an estimated 320,158 tonnes of refined gold … Read more
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings. Go to Source Powered by WPeMatico
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Africa’s top golfers are set to receive Bitcoin prize money after ground-breaking sponsorship of the Sunshine Tour. Go to Source Powered by WPeMatico
On Freedom Day, Bitcoin gives South Africans a stake in their financial future
“Freedom Day means you are free to use your own money to live your best life,” said BitcoinZAR, a Bitcoin advocate in South Africa. Go to Source Powered by WPeMatico
Wildlife conservation efforts turn to NFT-funded initiatives
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas. Go to Source Powered by WPeMatico
Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era
A Medium post revealed Cronje’s disdain for crypto culture and his likely return to the space. Go to Source Powered by WPeMatico
Crypto users in Africa grew by 2,500% in 2021: report
A recent report by KuCoin reveals that the number of crypto transactions has increased by 2,670% in some African countries. Go to Source Powered by WPeMatico
Experts weigh in on new crypto regulations in South Africa
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn. Go to Source Powered by WPeMatico
