Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,580,981,183.68
  • 24h Vol: $57,046,060,596.88
  • BTC Dominance: 56.54%

crypto south africa

south-africa-leverages-ai-to-track-down-tax-dodging-crypto-traders

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

Leave a Comment / Artificial intelligence (AI), Bitcoin, crypto assets, Crypto Hacked, crypto south africa, crypto traders, Cryptocurrency, Ethereum, Regulation, Taxes / / / , , , , ,

The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals limited investment but restricting companies. SARS Using AI to Track Down Tax Dodgers South African […]

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south-africa-approves-63-crypto-asset-service-provider-license-applications

South Africa Approves 63 Crypto Asset Service Provider License Applications

Leave a Comment / Africa, Bitcoin, crypto assets, Crypto Hacked, Crypto regulation, crypto south africa, Cryptocurrency, Ethereum, legal tender / / / , , , , ,

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form

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south-african-retailer-accepting-btc-sees-significant-increase-in-monthly-crypto-transactions

South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions

Leave a Comment / Africa, Bitcoin, BTC, Crypto Hacked, crypto payments, crypto south africa, crypto transactions, Cryptocurrency, Ethereum / / / , , , , , ,

The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South Africa account for the lion’s share of Pick n Pay’s crypto transactions. Retailer Sees More Crypto Transactions in

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south-african-police-nab-alleged-mastermind-of-metaverse-ponzi-scheme

South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme

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Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement in late May. He was subsequently released on bail on June 3. Authorities began investigating De Waal following a complaint from one of his victims. The complainant, who lives in Benoni, had to

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