From rigid rules to flexible principles: South Africa’s approach to financial innovation
South Africa’s financial conduct regulator aims to foster innovation while protecting consumers, as crypto licensing efforts continue.
Crypto in Africa
Binance vs Nigeria: A timeline of events as they unfold
From regulatory concerns to legal battles: Key events in the Binance-Nigeria saga and their impact on Africa's crypto landscape.
Crypto exchange KuCoin imposes 7.5% VAT on transaction fees for Nigerian users
This follows the suspension of KuCoin’s P2P service for Nigerians in May. The remittance process of the VAT is unclear.
South Africa grants 63 new crypto licenses
This brings the total approved crypto licenses in South Africa to 138. On- and off-ramp crypto service Kotani Pay is one of the newest licensees.
Scoop: South Africa announces 30 investigations into crypto activities
FSCA has formed a special team to probe unlicensed crypto services amid ongoing regulatory efforts. 30 cases are under scrutiny as South Africa seeks to balance innovation and compliance.
USDT issuer Tether partners NODO for stablecoin education in Africa
The partnership comes amid an intensifying battle for stablecoin market share in Africa. Last year, stablecoin volume exceeded $30 billion.
Jailed Binance exec still awaits medical care despite court order
Tigran Gambaryan, who has been detained for three months, has malaria and a throat infection, according to his wife.