From Speculation to Stability: Discovery Bank Report Reveals 7.8M South Africans Now Invest in Crypto
Key Takeaways: This mainstreaming effect is largely driven by the rise of mobile-first platforms, which have lowered barriers to entry...
South Africa
South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO
Key Takeaways: National Treasury draft replaces 1961 rules with 2026 digital asset controls despite Sidley’s objections. VALR CEO Ehsani warns...
South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO
Key Takeaways: National Treasury draft replaces 1961 rules with 2026 digital asset controls despite Sidley’s objections. VALR CEO Ehsani warns...
Declare Your Crypto or Face Jail: South Africa’s Aggressive New Capital Flow Rules
Key Takeaways South African Treasury draft rules require visitors to declare crypto or face up to 5 years in prison....
South African Eskom Considering Discount Power for Bitcoin Miners as Solar Creates Surplus
Eskom, a South African electricity public utility, is exploring plans to sell excess daytime electricity to Bitcoin mining companies as...
From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies....
South African Economist Flags Authoritarian Risks in CBDCs
Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to...
South Africa Tax Collector Deploys New Tech to Track Crypto and Offshore Assets
South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated...
South Africa Moves to Bring Cryptocurrencies Under Capital Flow Controls
South African Finance Minister Enoch Godongwana has announced plans to end the country’s crypto regulatory vacuum by drafting new rules...
South African Firms Launch a Local Currency-Backed Stablecoin
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency...
