The taxman’s new crypto asset unit is using information from cryptocurrency exchanges to flag non-compliant persons.
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Community group scams are a growing concern in the digital age, particularly in the cryptocurrency space.
Montegray Capital chairman Michael Jordaan said this week that South Africa has more important short-term priorities.
After outperforming most asset classes in 2024, bitcoin now finds itself under pressure amid global instability.
DA federal chair Helen Zille is bullish about bitcoin but has said it shouldn’t be used in South Africa’s strategic reserve.
European Central Bank president Christine Lagarde said it’s improbable that any EU country will choose to add bitcoin to its monetary reserves.
The term “Ponzi scheme” is often unfairly thrown around with regard to the entire cryptocurrency ecosystem.
The CEO of Yellow Card Financial expects African regulators to act quicker on establishing rules for the sector.
Among other measures, Donald Trump is seeking a ban on central bank digital currencies in the US.
“Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why bitcoin?” the Reserve Bank governor said.