Binance is implementing new compliance measures for users in South Africa, effective April 30. According to an April 23 statement, the changes …
African
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Regulation
FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms
by shayaanby shayaanSouth Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising …
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Mining
How a shipping container and Bitcoin saved a struggling African hydro project
by shayaanby shayaanWhat happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a …
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Scams
President of Central African Republic Posts Meme Coin—It Surged to $900M Before Crashing
by shayaanby shayaanThe Central African Republic president appears to have launched a national meme coin, three years after making Bitcoin legal in 2022. Despite …
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Markets
Memecoin Madness Returns as Barstool Sports, BNB Chain, and an Entire African Country Dabble With Meme Tokens
by shayaanby shayaanBitcoin (BTC) and crypto markets are still recovering from last week’s bloodbath, but it appears that the memecoin fever is alive and …
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Regulation
South African Court Sets Bail for Man Accused of Sending Bitcoin to Terrorists
by shayaanby shayaanA South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail …
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Regulation
African Regulators to Follow U.S. Lead on Crypto Regulations, Says Yellow Card CEO
by shayaanby shayaanChris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish …
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Regulation
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
by shayaanby shayaanCryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the …
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Mining
African crypto revolution continues as Ethiopia ranks among global BTC mining leaders
by shayaanby shayaan2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to …