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Tag: cryptocurrency

Crypto currency is still not allowed in pension funds, but what does the change...

During a recent media briefing the Financial Sector Conduct Authority (FSCA) through the Financial Advisory and Intermediary Services Act (FAIS), officially declared cryptocurrency as...

Pick n Pay moves to add cryptocurrency payment in stores

Latest in-store pilot shows cryptocurrency payment can be widely adopted Pick n Pay is leading the way in local retail by making transactions via cryptocurrency...

How a website can accept Bitcoin payments

Most people describe Bitcoin as one of the most secure payment systems, rapidly transforming how people do business today. It enables users to transfer funds...

Here’s what South Africans think about cryptocurrencies

Controversies around cryptocurrencies have delayed their adoption as mainstream means of payments. South Africans, however, seem to be positive about them according to a...

The future of Fintech

Far from the panic of Y2k and the limited capabilities of the Nokia 3310, consumers in 2020 have a world of financial services accessible...

Cryptocurrency crime surges, losses hit $4.4bn by end-September

Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger...

FNB to shut down cryptocurrency platforms’ bank accounts

First National Bank provided more insight on Wednesday into why it has given notice to cryptocurrency trading platforms in South Africa that it will shut...

Third-biggest cryptocurrency plummets despite rally for other major coins

Amid the astonishing recovery this year by most of the world’s biggest cryptocurrencies, one stands out. The token known as XRP has tumbled about 20%,...

Facebook just announced plans for its cryptocurrency…

Facebook unveiled its plans for its cryptocurrency, Libra. Facebook has said that Libra will be backed by stable government-backed currency and will be run...

South Africa’s new cryptocurrency changes explained

At the beginning of January, the South African Reserve Bank (SARB) released a new consultation paper focusing on crypto assets in the country. Whilst the SARB’s consultation...

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