SARB concerned about crypto risks without further regulation
The South African Reserve Bank warned that a lack of comprehensive regulations for crypto assets and stablecoins has emerged as a new risk, posing a significant threat to the country’s financial sector.
Cryptocurrencies, because of...
Bitcoin climbs to R1.9 million
Bitcoin climbed to a record high, extending a rally sparked by President-elect Donald Trump’s support for digital assets and his plan to turn the US into the dominant force in the sector.
The largest token rose more than 3% at one point on Monday in Asia to an...
Coinbase says crypto-buying is more like collecting Beanie Babies than investing in stocks
Coinbase Global Inc. said buying cryptocurrency on an exchange was more like collecting Beanie Babies than investing in a stock or bond.
The biggest US crypto exchange made the comparison Wednesday in a...
Hacked SEC X account posts Bitcoin ETF has been approved
A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.
The SEC’s X account was compromised and...
Bitcoin surge could keep momentum
Bitcoin is hurtling toward a quarterly gain bigger than any since the start of 2021, the year when it went on to hit a record high.
Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting...
Bitcoin recovers after brief crypto regulatory meltdown
Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases.
The largest cryptocurrency by market value jumped as much as 3.2% to $22,323 during New York trading, after turning negative...
Big Bitcoin price predictions meet tough reality in 2022
A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022.
That’s a far reach from where the coin is actually ending this annus...
Intensified cryptocurrency regulation is bringing investors back to market
A crackdown by the US Securities and Exchange Commission and other watchdogs who have been investigating crypto's naughtiest companies is proving to be a boon for the industry, with market participants saying they’re...
South Africa's central bank makes huge announcement about cryptocurrency exchanges
The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services.
In a note signed by Prudential Authority...
The regulations South Africa's crypto exchanges want
South Africa’s major cryptocurrency exchange platforms believe that the country’s promised regulation for the industry will bring significant benefits and growth.
The South African Reserve Bank (SARB) and the Intergovernmental Fintech...