South Africa declares cryptocurrency a financial product
Crypto assets are to be treated as financial products in South Africa to make it easier for regulators to monitor the market and help to safeguard consumers.
The Financial Sector Conduct Authority (FSCA) defined crypto assets as "a...
Binance relaunches margin trading in South Africa
Binance has relaunched its futures products in South Africa through a partnership with Fivewest OTC Desk.
“Binance USD-Margined and Coin-Margined Futures will be available to South African clients, and Binance will provide all operations and...
World's biggest cryptocurrency exchange launches South African rand deposits
Blockchain and cryptocurrency infrastructure provider Binance has launched a fiat gateway for South African rand.
The fiat gateway lets South African users make instant EFT deposits using Stitch.
Binance hires South African country boss
Binance has hired former HSBC South Africa global banking head Hannes Wessels to lead its South African operations.
Wessels has been at HSBC for 22 years, serving in senior executive positions since 2010.