South Africa’s Standard Bank to Launch Permissioned Blockchain for Overseas Exchange Services
South Africa’s Standard Bank will soon launch its private permissioned blockchain for overseas exchange trades on behalf of corporate clients, fintech news outlet FinExtra reports Thursday, Feb. 28.
28 FEBRUARY 2019
Survey Ranks South Africa Top for Cryptocurrency Ownership
South Africa has been ranked as the top country for ownership of cryptocurrency, according to a global survey by social media management company Hootsuite and global agency Wearesocial.
20 FEBRUARY 2019
South African National Cricket Team Falls for Bitcoin Twitter Scam
Cricket South Africa (CSA) has been rocked by a Twitter scam, unwittingly offering a fake Bitcoin lottery to its followers, local Indian news outlets report.
14 JANUARY 2019
South Africa, Malaysia, Indonesia Outpace Europe in Crypto Awareness and Ownership: Survey
A survey commissioned by crypto firm Luno has found that the level of ownership and familiarity with cryptocurrencies was higher in Malaysia, Indonesia and South Africa compared to European markets.
6 NOVEMBER 2018
Breaking New Ground: South Africa Gets Its First Bitcoin Atm
South Africa, whose citizens are increasingly interested in investing and trading in cryptocurrencies, is to have its first functional bitcoin Automated Teller Machine (ATM), following up on Zimbabwe and Djibouti.
26 JUNE 2018
South African Asset Management Firm, Sygnia, to Open Crypto Exchange
Johannesburg-based investment management company, Sygnia Ltd., has announced its intention to launch a cryptocurrency exchange, Sygniacoin – which is expected to launch in the third quarter of 2018.
28 MAY 2018
South Africa: Gang Kidnaps 13 Year Old Boy, Demands Ransom of 15 Bitcoins
The kidnappers of a 13-year-old boy in South Africa have demanded a ransom of 15 bitcoins (BTC) - around $120,000 - for his release, The Guardian reported Tuesday, May 22.
23 MAY 2018
Paxful Announces Expansion into Africa With New Starup Incubator
Paxful has scheduled the incubator hub’s launch for fall 2018, and has appointed Chuta Chimezie to lead the hub as the company’s regional director of Africa. The company said Chimezie is an experienced member of the blockchain community, having founded the advocacy group Blockchain Nigeria User Group.
10 MAY 2018
Declare Cryptocurrency Gains or Losses, South Africa Tells Taxpayers
South Africa’s tax agency has told taxpayers that cryptocurrency-related income will fall under normal tax rules and may also be liable for capital gains tax.
10 APRIL 2018