Saturday, November 28, 2020
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Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal

Cryptocurrency assets would be treated like financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act, under a draft declaration by a financial regulator.“The Declaration would have the effect that any person furnishing advice or rendering intermediary services in relation to crypto assets must be authorised under the

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Can blockchain make a difference? Africa sees vast monetary potential

As technological innovations continue to spread across Africa, the continent could provide some unique use cases for blockchain technology. African has been continually driving innovation in a number of spaces, with mobile payments a prime example of the potential for technology to drastically improve the lives of everyday Africans.While many

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Blockchain Bites: MakerDAO’s Do or Dai Moment, Bitcoin in Africa, Dollar Trends Up

MakerDAO has voted not to compensate victims of the “Black Thursday” flash crash, a former Pantera partner is launching a new crypto-focused hedge fund and bitcoin may be headed to the doldrums as the U.S. dollar rises.Top shelfDecentralized governanceMakerDAO will not compensate victims of March 12’s “Black Thursday” flash crash that left

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Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

FastBitcoins has partnered with prepaid voucher giant Flexepin to increase its global footprint, while at the same time accessing mobile money providers in 14 countries in Africa, where demand for crypto is growing.Announced Thursday, the deal with Flexepin (a subsidiary of ASX-listed payments company Novatti) expands FastBitcoins’ coverage to some

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