Tag: south africa

Apr 07 2021

South African Crypto Exchange iCE3 Enters Liquidation

The exchange found discrepancies in its Bitcoin and Litecoin balances.

Mar 16 2021

The Rising Popularity Of Bitcoin In South Africa

Mar 16 2021 Published at Bitcoin Magazine under tags  adoption africa culture south africa

A combination of factors makes South Africa a notable hotbed for Bitcoin adoption, even among a region that has embraced BTC.South Africa is, without doubt, one of the most advanced countries in Africa — if not the most advanced. The South African country has also become a popular hotbed for the digital currency market. In fact, it is considered by many to...

Feb 04 2021

South African FSCA Warns Against Growing Crypto Scams

The country recently witnesses a Bitcoin scam running away with $644 million.

South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report

The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.

Jan 27 2021

South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse

“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg.

South African Regulator Moves for Crypto Regulation

The regulator wants control over Bitcoin, Ethereum, XRP, and all other digital currencies.

Jan 15 2021

Liquidators of South African Bitcoin Trading Club Request Greater Probe Powers

Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade client's bitcoin.

Jan 01 2021

Nov 21 2020

Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal

If implemented the declaration would require crypto firms in South Africa to register as a financial services provider.

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