South Africa Blockchain Network

Is South Africa's central bank introducing new cryptocurrency regulations?

Source | SA Crypto Recently, Bloomberg shared a worrying screenshot of the South African publication SA Crypto, which shows that the South African Bank's South African Bank plans to introduce new rules to prevent people from using cryptocurrencies to escape "currency control". Although currency control is a broad term, SA Crypto believes that the statement […]

Regulatory policy is not clear, one of South Africa’s “five major banks” announced the closure of the bank account of the cryptocurrency exchange

South Africa's First National Bank (FNB), one of South Africa's "big five banks," is closing bank accounts established by the country's cryptocurrency exchange. At the same time, the bank also said that the emergence of clear cryptocurrency regulations in South Africa may trigger a reversal of the policy. Image source: FNB calls for clearer regulations […]

BTC premium of $1,000? Here is a detailed explanation of the South African cryptocurrency market.

Foreword: In recent times, news about blockchain and cryptocurrency markets has been frequent, whether it is the G20 summit, Libar issue, or the smashing of cryptocurrencies in countries such as Zimbabwe and India. And have a greater understanding of the market situation. At the end of June, Luno, the largest cryptocurrency exchange in South Africa, […]