Cryptocurrencies News in South Africa

Cryptocurrency news gathered from trusted sources: price moves, regulation, exchange and custody events and listed crypto products

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Eskom courts cryptocurrency miners with tariff discount

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Utility eyes cryptocurrency miners to soak up surplus electricity and boost revenue

2 days ago

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Business Elites Africa

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Absa Becomes Africa’s First Bank to Launch Institutional Crypto Custody

Cryptocurrencies

Absa Group has launched Africa’s first institutional-grade digital-asset custody service, moving to capture a significant share of South Africa’s $1.5 billion cryptocurrency market following recent regulatory milestones. The post Absa Becomes Africa’s First Bank to Launch Institutional Crypto Custody appeared first on Business Elites Africa .

Anthea Jeffery: Treasury wants to put Bitcoin behind a border it can't find

Cryptocurrencies

South Africa’s proposed crypto rules could impose strict controls, seizures and penalties, raising constitutional and economic concerns.

Growing pushback against proposed cross-border rules for crypto

FX MarketCryptocurrencies

With calls to scrap proposed differing sets of exchange control rules for crypto and forex.

OPINION | Payments from Private Wallets Trigger a Cross-Border Flow Under Capital Controls Regulations in South Africa

Cryptocurrencies

South Africa’s evolving crypto rules are creating uncertainty over whether Bitcoin payments from private wallets should be treated as domestic transactions or fall under exchange-control requirements, MoneyBadger CEO, Carel van Wyk, has said. Van Wyk said South Africans already use Bitcoin to pay for everyday goods and services through self-custodial wallets with payment providers converting the cryptocurrency into rand for local merchants. His concern centres on the Reserve Bank’s draft Crypto Asset Manual which covers transfers involving non-custodial wallets under the […]

Web3Bridge shuts down after 7 years of building Africa’s crypto talent: A pivot or the end of an era?

Cryptocurrencies

When Web3Bridge, Africa’s premier blockchain academy, earlier today announced a shutdown of its flagship programme, it sent a…

Major bank joins crypto fight against Reserve Bank draft rules

Cryptocurrencies

GoTyme Bank has joined the Catastrophe coalition, saying crypto rules should target activities, not technology.

Crypto Rules Stall R2.2 Billion South Africa Deals Arabian Post

Cryptocurrencies

(MENAFN - The Arabian Post) clearfix">Digital-asset companies in South Africa have put at least R2.2 billion of transactions on hold as uncertainty grows over proposed rules that would bring ...

Africa Bitcoin Corporation CEO’s $307,750 fine over $18.53 trade raises questions about crypto regulation in Africa

Cryptocurrencies

Africa Bitcoin Corporation co-founder and CEO Warren Wheatley has resigned after South Africa’s Financial Sector Conduct Authority fined…

Crypto rules stall R2.2 billion South Africa deals

Cryptocurrencies

Digital-asset companies in South Africa have put at least R2.2 billion of transactions on hold as uncertainty grows over proposed rules that would bring cryptocurrencies more firmly within the country’s exchange-control system. At least three deals have been paused because of the proposed changes, according to people familiar with the transactions. The affected agreements include a large private-equity investment and other deals intended to support small-business capital formation and corporate treasury management. Farzam Ehsani, co-founder and chief executive of cryptocurrency exchange VALR, has separately said the R2.2 billion total includes a proposed R1.6 billion investment by an...

South Africa Crypto Regulations Put R2.2 Billion in Deals on Hold

Cryptocurrencies

South African crypto firms have paused at least R2.2 billion in deals as proposed exchange controls raise concerns over cross-border digital asset activity. The draft framework could expand reporting requirements for stablecoin transfers, offshore providers, and private wallets while regulators review industry feedback.

XRP News: Absa Launches Ripple-Powered Crypto Custody in Africa

Cryptocurrencies

The post XRP News: Absa Launches Ripple-Powered Crypto Custody in Africa appeared first on Coinpedia Fintech News Ripple has expanded its banking footprint in Africa as Absa Corporate and Investment Banking launches Absa Digital Asset Custody using Ripple’s custody technology. The service gives institutional clients access to bank-backed digital asset storage, bringing cryptocurrencies and tokenized assets into a regulated banking setup. Absa Deploys Ripple’s Digital Asset Custody Platform On September 21, 2026, …

SA’s planned crypto curbs may hit deals worth millions

Cryptocurrencies

Proposed rules have already put at least three crypto deals worth R2.2bn on hold, while authorities continue to consider industry feedback.

R2.2bn in investment on hold over proposed crypto controls – VALR

Cryptocurrencies

VALR CEO Farzam Ehsani warns that the draft crypto rules on exchange controls could drive businesses, jobs and tax revenue offshore.

CRYPTO CORNER: South Africa’s crypto industry draws a line in the capital flow sand

Cryptocurrencies

It’s not every day that drama erupts in the South African crypto landscape, but 171 organisations have decided that enough is enough with the new SA Reserve Bank and FSCA regulations.

20 days ago

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Cryptocurrencies News in South Africa

Eskom courts cryptocurrency miners with tariff discount

Absa Becomes Africa’s First Bank to Launch Institutional Crypto Custody

Anthea Jeffery: Treasury wants to put Bitcoin behind a border it can't find

Growing pushback against proposed cross-border rules for crypto

OPINION | Payments from Private Wallets Trigger a Cross-Border Flow Under Capital Controls Regulations in South Africa

Web3Bridge shuts down after 7 years of building Africa’s crypto talent: A pivot or the end of an era?

Major bank joins crypto fight against Reserve Bank draft rules

Crypto Rules Stall R2.2 Billion South Africa Deals Arabian Post

Africa Bitcoin Corporation CEO’s $307,750 fine over $18.53 trade raises questions about crypto regulation in Africa

Crypto rules stall R2.2 billion South Africa deals

South Africa Crypto Regulations Put R2.2 Billion in Deals on Hold

XRP News: Absa Launches Ripple-Powered Crypto Custody in Africa

SA’s planned crypto curbs may hit deals worth millions

R2.2bn in investment on hold over proposed crypto controls – VALR

CRYPTO CORNER: South Africa’s crypto industry draws a line in the capital flow sand

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