SARS still on the hunt for crypto tax defaulters
The South African taxman has employed crypto tax specialists to help it firm up its tax collection strategy.
South Africa
Luno chief calls for regulatory clarity around bitcoin’s onshore status in South Africa
Paul Harker says a significant amount of capital is on the sidelines waiting to be injected into the asset as soon as the classification is made.
South Africa edges closer to FATF graylist exit
The country has been on the FATF’s greylist since 2023 because of loose AML/CFT regulations.
Bitget partners with Callpay to enable South African rand transactions
The move aligns with Bitget’s broader strategy of expanding into emerging markets and driving mainstream crypto adoption.
South African startup 6DOT50 introduces crypto payment for car purchases
6DOT50 will allow its users pay for their automobiles directly with their cryptocurrency at 1400 locations in South Africa.
SARB governor opposes crypto lobbyists influencing government decisions
Kganyago is unmoved by calls for government-owned bitcoin reserves, claiming the cryptocurrency is no different from apples and beef.
South Africa’s FSCA licensed 248 crypto firms in 2024
Pan-African exchange, Yellow Card, also secured an FSCA-issued financial service provider license late in the year