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South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform
19.7.2024
South African crypto exchange Luno has announced that it is integrating its platform with Fireblock’s enterprise-grade digital asset transfer platform. Aleks Andjelopolj suggested that leveraging Fireblocks means Luno users will experience the same immediate transaction settlement enjoyed...
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
19.7.2024
XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged
South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7
17.7.2024
The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of South Sudan (0.11) and the Central African Republic...
South Korea Considers Deferring Crypto Taxation Until 2028
17.7.2024
The ruling party of South Korea is, once again, considering the postponement of the enactment of crypto-specific taxes, as this could influence public opinion towards the government. The party aims to implement these taxation rules by 2028, citing a lack of necessary regulations and institutional...
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule
South Korea’s ruling party proposes to delay crypto tax to 2028
15.7.2024
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule
Bitcoin Surpasses $60K After 11 Days: Price Boost Follows Trump Assassination Attempt
14.7.2024
The price of bitcoin climbed 2.7% over the past 24 hours, reaching an intraday peak of $60,423 per token. For over a week, BTC remained below the $60,000 mark. However, on Sunday morning at 4 a.m. EDT, it surpassed this threshold for the first time in 11 days. BTC Rises to $60,423, Marking 2.7%...
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
13.7.2024
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload...
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
Binance finalizes sale of majority stake in Gopax — Report
11.7.2024
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources
Cambodia's Huione Guarantee Enables Global Scams Worth $11 Billion: Report
10.7.2024
Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges
Crypto adoption in Argentina soars amid 276% inflation spike
9.7.2024
Argentina has emerged as the top market on Binance — one of the world’s largest crypto exchanges — in terms of the number of visitors
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
8.7.2024
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when...
South Korea Launches Continuous Monitoring for Crypto Transactions
8.7.2024
South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims...
South Korean government to launch crypto transaction monitoring system
4.7.2024
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions
South Africa Approves 63 Crypto Asset Service Provider License Applications
4.7.2024
South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...
Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
4.7.2024
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
3.7.2024
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public...