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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

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Africa

Africa begins licensing crypto as verified transactions hit US $117 billion

    By Conrad Onyango, bird story agency   Regulators in Africa are taking steps to bring crypto entities under official oversight as treasuries seek to blunt fiscal risks amid a surge in demand for digital assets. Authorities in South Africa and Nigeria, the continent's most 'crypto-ready' countries, are leading the continent's efforts to place crypto dealers under a licensing regime to protect consumers against money laundering and terrorism-related risks. […]

todayApril 2, 2024 11

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Business / Economics

Scramble in SA crypto market ahead of licensing round

By Conrad Onyango, bird story agency South Africa is witnessing an expansion in cryptocurrency offerings as the country gets closer to issuing its first operational licenses to financial service providers. Payment firms and fintech companies are driving the move, with commercial banks expected to follow suit. One of the latest offerings enables users to purchase goods and services using cryptocurrency, while another allows them to withdraw digital currency as cash […]

todayDecember 13, 2023 8

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