Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51 541 on Sunday, reversing most of the big gains it made over the past week.
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MTN Group will list its Rwandan subsidiary on the Rwanda Stock Exchange on 4 May, the JSE-listed telecommunications giant said on Monday.
British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “britcoin”, or central bank-backed digital currency.
MTN Group and Airtel Africa were given the green light to resume the sale of new Sim cards in Nigeria following the implementation of a new policy linking them to national ID numbers.
Turkey’s central bank has banned the use of cryptocurrencies and crypto assets to purchase goods and services, citing “irreparable” possible damages and significant risks in such transactions.
First National Bank has terminated the banking facilities it provides to Iqbal Survé’s Ayo Technology Solutions, Ayo said in a statement to shareholders after markets closed in Johannesburg on Thursday.
The prohibition on the private ownership and free trading of spectrum is an “artefact” that has “neither a technological basis nor is supported by economic theory”, says the Free Market Foundation.
The Financial Services Conduct Authority has begun an insider trading investigation that will “cover disclosures and transactions in Huge Group securities during January 2021”, it said on Thursday.
The evolution of digital assets such as cryptocurrencies brings phenomenal potential to change the financial industry, but with this comes certain challenges that have to be overcome. By Wiehann Olivier.
Two decades ago, the world’s biggest software maker was in the US government’s antitrust crosshairs for its business practices surrounding its operating system monopoly. Things are different now.