Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,600,643,817,215.48
  • 24h Vol: $475,668,407,688.31
  • BTC Dominance: 53.12%

FATF grey list

south-african-rand-plunges-to-new-2023-low-versus-the-us-dollar

South African Rand Plunges to New 2023 Low Versus the US Dollar

Leave a Comment / Africa, Bitcoin, Crypto Hacked, Cryptocurrency, cyril ramaphosa, electricity shortages, Ethereum, FATF grey list, Kgosientsho Ramokgopa, rand depreciation, US Dollar / / / , , , , , ,

Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Africa’s power shortages as well as the country’s recent grey-listing by the Financial Action Task Force (FATF) are […]

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south-africa-added-to-fatf-‘grey-list’-despite-designation-of-crypto-as-a-financial-product

South Africa Added to FATF ‘Grey List’ Despite Designation of Crypto as a Financial Product

Leave a Comment / Africa, Bitcoin, crypto assets, Crypto Hacked, Cryptocurrency, Ethereum, FATF grey list, financial asset, International Monetary Fund (IMF), South African Reserve Bank (SARB) / / / , , , , ,

In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by the financial watchdog potentially makes it difficult for South Africa to obtain loans from foreign banks. A Setback

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