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Tag: Cryptocurrency

Proactive Policies: The Backbone of South Africa’s Crypto Success

December 21, 2024
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| Africa, Business & Finance

Edson Baraukwa | Africa Guardian Cryptocurrency is reshaping South Africa’s financial landscape, promoting inclusion, empowering small businesses to access global markets, and offering innovative payment systems. With a combination of crypto-friendly regulations, a vibrant tech ecosystem, and increasing adoption, South Africa is cementing its status as the continent’s cryptocurrency hub. In 2024, Africa’s crypto market revenue is expected to…

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Fireblocks Partners with Yellow Card to Boost Cross-Border Crypto Transactions in Africa

August 25, 2024
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| News/Tech

Edited By Charles Muchoki | Africa Guardian Fireblocks, a leading provider of digital asset infrastructure, has announced its collaboration with Yellow Card, a major stablecoin on/off ramp in Africa. This partnership aims to simplify and enhance cross-border cryptocurrency transactions across the continent. The announcement, made on X, highlights the ambitious plan to expand to 14 million wallets through Fireblocks’…

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Binance declared illegal in Nigeria, ordered to cease operations

June 12, 2023
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| News Update

Binance, a blockchain ecosystem and cryptocurrency infrastructure provider, has been ordered to cease operations in Nigeria after being declared an illegal crypto trading platform. Nigeria’s Securities and Exchange Commission (SEC) issued the directive on Friday, discouraging crypto investors from using the platform as Binance is neither registered nor regulated and its operations in the country were illegal. In a…

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Kenya police probe death of lawyer on trial for ICC witness tampering Read more: https://briefly.co.za/world/africa/140137-kenya-police-probe-death-lawyer-trial-icc-witness-tampering/Kenya police probe death of lawyer on trial for ICC witness tampering Read more: https://briefly.co.za/world/africa/140137-kenya-police-probe-death-lawyer-trial-icc-witness-tampering/SA teens skip school to chase risky crypto dreams

September 27, 2022
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| News, TechBusiness

Youngsters in the townships are drawn to the promise of quick riches with cryptocurrencies, but risk losses and becoming victims of scams. John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin. Inspired, the then 14-year-old downloaded a trading app,…

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