The South African Reserve Bank has flagged cryptocurrencies as a possible risk to domestic fiscal stability.
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South Africa’s payment system is shifting rapidly as fintech innovation, crypto adoption and digital transformation accelerate.
Cryptocurrencies were caught in a broad flight from risk assets on Friday, sending bitcoin and ether to multi-month lows.
Black Friday’s frenzy heightens crypto risks, making vigilance, verification and strong security habits essential.
Faster checkout times are contributing to an enhanced user experience for customers using crypto at Pick n Pay stores.
Discovery Bank says clearer regulation and strong client demand drove the bank’s venture into the world of cryptocurrencies.
The ZAR Supercoin stablecoin is “purpose-built” for South Africa and is backed by the same company that owns Betway.
Mastercard is in talks to acquire crypto start-up Zerohash for between $1.5-billion and $2-billion, Fortune reported.
As digital assets surge in popularity, Africa must strengthen its anti-money laundering rules and its cyber defences.
US President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange.