Tag: South Africa

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South African Man Arrested for Using Bitcoin to Fund Terrorism

 A 35-year-old man was arrested in South Africa for allegedly using cryptocurrency to fund terrorism activities. Investigation ongoing. A 35-year-old man has been arrested in...

SARS Targets Crypto Tax Compliance in South Africa

SARS targets crypto tax compliance in South Africa, using AI and machine learning to enhance audits and identify non-compliant taxpayers. The South African Revenue Service...

South Africa Reserve Bank to Release New Crypto Regulations

A bank in South Africa is introducing new regulations regarding how people can – and should – hold cryptocurrency. South Africa: The New Crypto Hotspot? The...

Rybkin Sentencing: More Proof That Criminals Like BTC

The following is proof that work hours should be devoted to work. Andrei Rybkin, a former Russian nuclear scientist, has been sentenced to three...

Bitcoin Trader Kidnapped and Tortured in South Africa

A Bitcoin trader in South Africa was kidnapped and tortured in order for criminals to steal his cryptocurrency. Bitcoin and its brethren exist in the...

Start-Up to Foster Financial Inclusion and Affordable Remittance Services in Sub-Saharan Africa

The unbanked population in Sub-Saharan Africa could soon find support in the form of DMC, a blockchain-based platform that aims to make the business...

Investors in South Africa Need to Account for Crypto in their Estate Planning

A wealth-management firm is encouraging crypto holders in South Africa to ensure that their digital wealth is protected when they pass on. A volatile socio-economic...

Bitcoin ATMs Are Set to Rise in Greece in the Next Few Months

Bitcoin ATMs are reportedly set to increase in Greece over the next few months as demand for digital currency rises in the country. More Bitcoin...

Blockchain Technology Could Help the South African Revenue Service (SARS) with Crypto Declarations

Relying on truthfulness during tax season can be tricky. The South African Revenue Service (SARS) could turn to blockchain technology to find the solution. It's...

Cybercrime Center in UK Urges Crypto Enthusiasts to Beware of Fraud

Even though the price of Bitcoin is nowhere near it’s December 2017 numbers, interest in the crypto industry is still high, for both fans...

Purple Group Expands Its Cryptocurrency Offerings in South Africa

Cryptocurrencies remain of great interest to existing financial service providers. Purple Group in South Africa has added Bitcoin and Ethereum to its trading platform....

SARB’s Project Khoka Is an Ethereum-Based Interbank System

The banking world attempts to improve domestic and international payments by incorporating new technologies that will make that process a lot easier. Project Khoka,...