South Africa grants 63 new crypto licenses
This brings the total approved crypto licenses in South Africa to 138. On- and off-ramp crypto service Kotani Pay is one of the newest licensees.
South Africa
Scoop: South Africa announces 30 investigations into crypto activities
FSCA has formed a special team to probe unlicensed crypto services amid ongoing regulatory efforts. 30 cases are under scrutiny as South Africa seeks to balance innovation and compliance.
USDT issuer Tether partners NODO for stablecoin education in Africa
The partnership comes amid an intensifying battle for stablecoin market share in Africa. Last year, stablecoin volume exceeded $30 billion.
South African taxman is cracking down on crypto traders: report
SARS is working closely with the South African Reserve Bank (SARB), along with international information exchanges on eliminating non-compliance.
Kenya and Namibia join 10 African countries on FATF grey list
This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.
First-ever South African crypto licenses are imminent: FSCA official
A pivotal moment for Africa’s crypto regulatory landscape as South Africa nears crypto license issuance.
Core DAO launches a $5 million Africa blockchain fund
Dubbed the “Core African Innovation Fund,” the initiative seeks to support blockchain projects in Africa.