Hannes Wessels, GM for South Africa at Binance, tells TechCentral’s TCS+ about the role cryptocurrencies are playing in the digitisation of money.
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Cryptocurrency is revolutionising remittances by reducing fees and increasing the speed of cross-border transfers.
Nigeria has vowed to ban person-to-person cryptocurrency trading in the naira in an effort to protect the local unit.
Changpeng Zhao has pleaded guilty to violating US laws against money laundering at the world’s largest crypto exchange.
Changpeng Zhao should serve 36 months in prison after pleading guilty to violating money laundering laws, prosecutors said.
Nigeria is seeking an international arrest warrant for the company’s regional manager for Africa.
Bitcoin is set to continue its record-breaking rally and rise above $80 000, said Binance CEO Richard Teng.
South Africa will license about 60 cryptocurrency platforms by the end of the month.
Bitcoin’s chances of hitting $40 000 are top of mind for crypto speculators.
Changpeng Zhao had long cultivated the image of the rugged pugilist of the cryptocurrency world.