FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation.
BitMEX owner 100x said investing in VALR’s Series A would bring exposure to the fast-growing South African market.
The CEO of cryptocurrency investment firm VaultAge Solutions has forced into bankruptcy while on the run from angry investors.
A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies.
South Africa’s financial regulators recommended that cryptocurrency be used for domestic payment purposes, but that it not be treated as legal tender or allowed as a settlement tool.
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency.
Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.
South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there.
The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.
South Africa's VALR exchange is launching March 1, expanding bitcoin access across the continent.
Crypto exchanges and wallet providers would have to register with regulators under rules proposed by South Africa’s central bank.
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
South Africa Reserve Bank indicates that tests of a blockchain-based system for interbank clearance and settlement produced astonishing results.
The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.
As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group.