South Africa

Buying Fractional Gold: South Africa’s Mesh.trade Offers Tokenized Krugerrands

Buying Fractional Gold: South Africa’s Mesh.trade Offers Tokenized Krugerrands

Leave a Comment / News Bytes, South Africa, tokenization /

South Africa’s tokenized financial assets exchange, Mesh.trade, has reportedly launched Bullion Krugerrand tokens issued by Troygold, allowing investors to buy fractional gold holdings stored securely at Brink’s in Johannesburg. Each purchase generates a gold ownership certificate confirming fractional ownership down to seven decimal points. Investors can redeem tokens for physical Krugerrands once they accumulate a […]

Buying Fractional Gold: South Africa’s Mesh.trade Offers Tokenized Krugerrands Read More »

Binance Enforces Sender-ID Checks as 8M South Africa Crypto Market Heats Up

Binance Enforces Sender-ID Checks as $278M South Africa Crypto Market Heats Up

Leave a Comment / Blockchain News, crypto exchange, crypto regulation, South Africa /

According to a release on April 23, Binance will require South African users to submit sender and receiver information for all crypto deposits and withdrawals. The move responds to local regulatory requirements and seeks to tighten compliance in the country’s fast-growing crypto sector. What Binance Users Must Now Disclose for Deposits and Withdrawals Starting April

Binance Enforces Sender-ID Checks as $278M South Africa Crypto Market Heats Up Read More »

Binance introduces stricter compliance measures for South African users

Binance introduces stricter compliance measures for South African users

Leave a Comment / Binance, Exchanges, India, Regulation, South Africa /

Binance is implementing new compliance measures for users in South Africa, effective April 30. According to an April 23 statement, the changes will require all its South African users to provide detailed information about the sender and receiver of any crypto transfer on the platform. The firm added that users initiating withdrawals must enter the

Binance introduces stricter compliance measures for South African users Read More »

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms

Leave a Comment / Africa, Cryptocurrency, South Africa /

South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s financial services industry watchdog, the Financial Sector Conduct Authority (FSCA), has issued a public

FSCA Warns South African Investors to Steer Clear of Unlicensed Crypto Firms Read More »

South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto

South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto

Leave a Comment / Crypto News, Cryptocurrency, South Africa /

Hackers recently breached the South African Parliament’s social media accounts, including X, Facebook, and Youtube, to promote a fake cryptocurrency named after President Cyril Ramaphosa. Fake Token Created 24 Hours Before Breach On March 15, the hacked social media accounts of the South African parliament promoted a fake Solana-based cryptocurrency bearing the surname of the

South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto Read More »

Subscribe
Subscribe