South African financial regulator receives 128 crypto license applications
The number of applications received in November surpassed October’s total of 93 applications.
South Africa
Binance partners with CryptoConvert to introduce new crypto payment option for South Africans
The payment system allows Binance users to pay with crypto directly at Pick n Pay stores in South Africa, eliminating the need to fund Lightning wallets first.
Stitch introduces crypto payment option in South Africa
The novel feature is built on top of the crypto company’s VALR’s application programming interface (API).
South African tax body adopts crypto-assets reporting framework
SARS wants to integrate the Crypto Asset Reporting Framework (CARF) into national law as part of its commitment to regulatory measures.
South Africa on track to overtake Nigeria as Africa’s largest economy in 2024 — IMF
Tough economic measures have seen Nigeria’s economy shrink in the short term, but growth is foreseeable in the medium term.
Visa partners with VALR to issue cards in South Africa
VALR said that the partnership aims to issue cards and other digital payment solutions that will be announced in the future.
Blockchain offers Africa opportunities for environmental, social, and governance development – Standard Bank
Standard Bank Group’s Head of the Blockchain Centre of Excellence, Ian Putter says crypto will function alongside other payment rails in Africa rather than disrupt them.