Top cryptocurrency exchanges in South Africa
South Africans looking to invest in or trade cryptocurrency will find plenty of well-established crypto exchanges at their disposal.
Despite what detractors say, Bitcoin and several other major coins have seen their values increase substantially...
FTX loses financial services licence access in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) licence.
“FTX is now unlicensed...
High drama as two crypto titans clash — what it means for Ovex, VALR, Luno in South Africa
In the cryptocurrency world, it’s called whale games.
When two or more large players — “crypto whales” — try to outmanoeuvre each other, the collateral damage doesn’t seem to be a consideration. All that...
South African cryptocurrency exchange aims to buy a bank
South African cryptocurrency exchange operator and digital asset market maker Ovex hopes to acquire a bank.
“We’re far larger and more profitable than a lot of the smaller banks in South Africa,” Ovex CEO Jonathan Ovadia told MyBroadband.