News
Economist Dawie Roodt Warns South Africans May Drop Local Currency as Crypto Rules Tighten
1+ hour, 13+ min ago (607+ words) A South African economist warns that the National Treasury's proposed crypto regulations are an unenforceable attempt at state control that will ultimately backfire. South Africa's continued reliance on exchange controls will push citizens toward cryptocurrencies and stablecoins unless the system…...
Namibia Judge Revokes Bail for Eight Missing Suspects in Crypto Fraud Trial
3+ day, 19+ hour ago (384+ words) Chinese nationals charged in an international cryptocurrency fraud and human trafficking ring in Namibia failed to appear in court and have been traced back to China. State authorities have requested Interpol's assistance to locate them. Six Chinese nationals facing human…...
South African Treasury Extends Crypto Rule Deadline to June 30 After Backlash
6+ day, 13+ min ago (505+ words) South Africa's National Treasury and central bank have assured the crypto industry that proposed capital-flow regulations will not criminalize digital asset ownership or apply retrospectively. South Africa's National Treasury and the South African Reserve Bank have sought to calm growing…...
From Speculation to Stability: Discovery Bank Report Reveals 7. 8 M South Africans Now Invest in Crypto
4+ week, 1+ day ago (389+ words) A new report by Discovery Bank and Visa highlights a major shift in South Africa's financial landscape, as cryptocurrency matures from a speculative trend into a mainstream investment class. By mid-2025, approximately 7. 8 million South Africans'roughly 13% of the population'were actively using major…...
South Africa Crypto Draft Triggers 1 M Rand Fine Warning From Valr CEO
1+ mon, 1+ day ago (582+ words) Industry leaders and financial experts have issued a sharp rebuke of the South African National Treasury's Draft Capital Flow Management Regulations 2026, calling the proposal a regressive move that mirrors apartheid-era economic controls. A controversial proposal by the South African National…...
Declare Your Crypto or Face Jail: South Africa's Aggressive New Capital Flow Rules
1+ mon, 3+ day ago (284+ words) South Africa's proposed capital flow management regulations 2026 introduce strict new requirements for travelers entering or leaving South Africa with cryptocurrency. The draft regulations, published in April 2026 to replace the aging Exchange Control Regulations of 1961, officially reclassify crypto assets as "capital....
Ripple Highlights $205 B in Africa On-Chain Value With 52% Growth
1+ mon, 2+ week ago (260+ words) Africa's digital asset adoption is rapidly expanding as Ripple highlights rising usage, regulatory clarity, and growing institutional demand across key markets. "Africa's digital asset moment is here, and regulation is leading the way " $205 B+ in onchain value. 52% Yo Y growth....
South African Economist Flags Authoritarian Risks in CBDCs
2+ mon, 2+ week ago (10+ words) Bitcoin. com News...
South Africa Moves to Bring Cryptocurrencies Under Capital Flow Controls
3+ mon, 1+ day ago (12+ words) Bitcoin. com News...