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August 4, 2026

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Tag: South Africa

Readers Dessert June 11, 2026
  • Bitcoin

South African Reserve Bank Backs Payshap Over Digital Rand as Cassim Targets Real-Time Payments

Readers Dessert June 11, 2026
The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South…
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Readers Dessert September 16, 2025
  • Bitcoin

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa

Readers Dessert September 16, 2025
Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March,…
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Readers Dessert August 15, 2025
  • Bitcoin

South Africa Moves to Regulate Cross-Border Crypto Flows

Readers Dessert August 15, 2025
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers. Key Details…
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Readers Dessert July 3, 2025
  • Bitcoin

South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures

Readers Dessert July 3, 2025
Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as…
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Readers Dessert December 14, 2024
  • Bitcoin

South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications

Readers Dessert December 14, 2024
The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct…
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