3+ hour, 4+ min ago  (400+ words) "In Cape Town, you will often find 'crypto' and 'forex' traders driving fancy cars with fake registrations or none at all," the mayor said in a social media post following the operation. Crypto crime in South Africa largely revolves around…...

2+ week, 2+ day ago  (188+ words) Lagos-based fintech startup, Daya, has raised $2.4 million in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, as investor interest grows in blockchain infrastructure for global commerce. The round was led by Founded in 2025 by former Circle executive…...

2+ week, 4+ day ago  (310+ words) Operating without registration is now an offense. Zimbabwe has introduced its first dedicated regulatory framework for cryptocurrency businesses requiring all Virtual Asset Service Providers (VASPs) to register with the Financial Intelligence Unit (FIU), as authorities seek to bring the country’s…...

2+ week, 6+ day ago  (547+ words) The global fintech group has been authorised as an Over-the-Counter Derivatives Provider and Category 1 Financial Services Provider, establishing its regulated operating framework in the country The global financial group, which operates a technology-led trading platform, has been authorised as an…...

3+ week, 2+ day ago  (204+ words) The global fight against illicit finance tightened another notch this week after the Financial Action Task Force (FATF) expanded its closely watched “grey list,” underscoring that money laundering and terrorist financing risks remain a persistent concern for financial institutions, crypto…...

1+ mon, 4+ day ago  (331+ words) The Bank of Tanzania (BoT) has launched an electronic matching system for the interbank foreign exchange market, aiming to modernise trading, improve transparency and strengthen price discovery in the country’s currency market, the central bank said on Tuesday. The new…...

1+ mon, 4+ day ago  (861+ words) Two recent developments have provided greater clarity on the treatment of crypto assets in South Africa even as questions remain about their legal status across different regulatory frameworks. Days later, on June 1 2026, the Gauteng High Court delivered judgment in Mangundhla…...

1+ mon, 1+ week ago  (443+ words) The judgment marks a significant shift from a landmark 2025 ruling that found cryptocurrencies fell outside South Africa’s decades-old Exchange Control Regulations because they were neither “currency” nor “capital,” creating what legal experts described as a regulatory gap. South Africa’s High…...

1+ mon, 3+ week ago  (563+ words) The South Africa National Treasury has released a media statement stating that it is extending the deadline for public commentary on the draft Capital Flow Management Regulations 2026, former known as the The Exchange Control Regulations, 1961. The statement revealed that most…...

1+ mon, 4+ week ago  (335+ words) African regulators are steadily moving toward formal oversight of virtual assets as governments across the continent respond to Several African countries are now drafting or implementing frameworks aimed at regulating virtual asset service providers (VASPs) marking a shift from years…...