South Africa

Highlights: South Africa will not be rolling out its CBDC anytime soon The SARB prefers to prioritize familiar payment options.  Despite ruling out an immediate CBDC launch, the Central Bank said it remains a long-term possibility. South Africa’s Central Bank, […]

Highlights: South Africa sees fast growth in stablecoin trading as millions shift from volatile crypto assets toward lower-risk options. South Africa’s Central Bank flags stablecoins as a major market trend as trading volumes rise and local exchanges report strong user […]

Highlights: The South African company is inching closer to being the first company in Africa to hold a BTC reserve. Altvest has expanded its reach with a Bitcoin Treasury Strategy to offer exposure to Bitcoin across Africa. Public companies now […]

Highlights: Blockchain.com is eyeing Africa expansion by focusing on Nigeria, Ghana, Kenya, and South Africa markets. Nigeria and Ghana lead Africa’s crypto regulatory progress toward formal licensing. In South Africa, the DeFi sector is moving forward rapidly, backed by strong […]

Highlights: Binance updates deposit and withdrawal rules for South African users to ensure compliance. South African users are required to submit details of both the sender and recipient during crypto transfers. South Africa’s crypto market is projected to hit $332.9 […]

Highlights: Binance has transferred its South African derivatives arm to its Bahrain subsidiary. The trading platform cited regulatory concerns and the need to sustain its services for South African users as the reason behind the decision. Affected users must complete […]