South Africa’s National Treasury and the South African Reserve Bank (SARB) have published a draft rule that, for the first time, sets …
Africa
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Regulation
Luno Pushes South Africa to Rewrite Crypto Rules Through Parliament, Not Proclamation
by shayaanby shayaanStrict Enforcement and Steep Penalties Cryptocurrency exchange Luno has launched a formal challenge against a proposed overhaul of South Africa’s foreign exchange …
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Regulation
SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa
by shayaanby shayaanSARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major …
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Markets
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
by shayaanby shayaanThe deal values Flutterwave at $3.2 billion, and will integrate Ripple’s RLUSD and the XRP Ledger network to speed cross-border payments across …
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Finance
Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa
by shayaanby shayaanLuno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting …
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Regulation
South Africa Treasury Extends Crypto Compliance Deadline to June 30
by shayaanby shayaanIn South Africa crypto regulation news, the National Treasury and the South African Reserve Bank extended the public comment deadline for draft …
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Adoption
Bitget Wallet Brings USD Crypto Card To Africa Via Immersve Integration
by shayaanby shayaanBitget Wallet, the renowned financial app, has integrated with Immersve, a core participant of payments giant Mastercard. With this integration, Bitget Wallet …
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Regulation
South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO
by shayaanby shayaanIndustry leaders and financial experts have issued a sharp rebuke of the South African National Treasury’s Draft Capital Flow Management Regulations 2026, …
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Africa’s crypto market is growing fast. A new report from Ripple shows that on-chain value in the region has jumped 52% year …
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Web3
South Africa Artificial Intelligence Market Size to Reach USD 5,989.92 Million | With a 22.16% CAGR
by shayaanby shayaanSouth Africa Artificial Intelligence Market South Africa Artificial Intelligence Market Overview Market Size in 2024: USD 809.34 Million Market Size in 2033: …