Browsing: Farzam Ehsani

News
Bitcoin tops R100 000 for the first time

Bitcoin is changing hands at over R100 000 on some trading platforms as of Wednesday morning. The price touched a new all-time high of R103 999 on local platform Luno and was last quoted at R100 001. Local

In-depth
An open letter to Jamie Dimon, by Farzam Ehsani

Dear Mr Dimon, a few days ago, you called bitcoin and cryptocurrencies a “fraud”. You said bitcoin is “not a real thing” and that governments “would close it down”. I understand your perspective and, in fact, I shared a similar view

News
South Africans trading big volumes in bitcoin

Bitcoin continues to smash records, hitting a series of record highs in just one weekend. The cryptocurrency hit an all-time high of just over $4 225 on Sunday as the bull run played out across global bitcoin exchanges. In South Africa

News
SA banks to set up national blockchain

South Africa’s largest and notoriously competitive financial services firms have come together to set up a national blockchain. The South African Financial Blockchain Consortium, comprising 22 industry heavyweights, the South

News
Blockchain tech could halve banking revenue

Blockchain technology could swallow as much as 40% of global banking revenue by overtaking the verification of payment transactions, according to Farzam Ehsani, leader of Rand Merchant Bank’s blockchain initiative, who believes that in the future we