South Africa

Ethereum

South Africa’s Central Bank Eyes JPMorgan Blockchain Tech

South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.

Policy & regulation  ·  14 February 2018
Regulation

Pick n Pay Double Take? The Supermarket Chain Isn’t Accepting Bitcoin, It Tested It

South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.

Policy & regulation  ·  19 September 2017
Cryptocurrency

South Africa’s Central Bank: It’s ‘Too Risky’ to Launch a Cryptocurrency

A senior official for the South African Reserve Bank has spoken of the risks for the institution in launching its own cryptocurrency.

Policy & regulation  ·  23 August 2017
Blockchain Applications

South Africa’s Financial Power Players Are Going All-In on Blockchain

Nearly every major financial institution in South Africa has gathered to chart the country's path towards possible large-scale blockchain adoption.

Business  ·  7 February 2017
Regulation

SARB Chief: Blockchain Could Bring Financial Access to Millions of People

The governor of South Africa's central bank struck a positive note on blockchain earlier this month.

Policy & regulation  ·  26 January 2017
South Africa

‘Sovereign’ Blockchains Will Change Monetary Policy, Bank Paper Argues

A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.

Business  ·  9 December 2016
South Africa

Banks Trial Blockchain With South African Regulators

South African banks and regulators are teaming up on blockchain.

Tech  ·  31 October 2016
Russia

CSDs to Collaborate in Distributed Ledger First

Two central securities depositories (CSDs) have agreed to collaborate on distributed ledger initiatives in a first-of-its-kind agreement globally.

Business  ·  27 September 2016
Regulation

South African Central Bank ‘Open’ to Blockchain and Cryptocurrency

South Africa’s central bank is “open” to cryptocurrencies and blockchain, according to new statements from its governor.

Policy & regulation  ·  23 August 2016
Ethereum

South Africa’s Banks Are Going DIY to Test Ethereum’s Blockchain

A team of six South African banks is now conducting experiments with ethereum's blockchain, a process that was bootstrapped by Whatsapp.

Markets  ·  19 July 2016
South Africa

South African Bank Joins R3 Blockchain Consortium

One of South Africa’s largest banks has joined the global blockchain consortium led by R3CEV.

Business  ·  12 July 2016
South Africa

South Africa’s eBay Bidorbuy Adds Bitcoin Payments

South African online marketplace Bidorbuy has enabled bitcoin purchases through an integration with BitX.

Business  ·  10 March 2016
South Africa

How Bitcoin Brought Electricity to a South African School

A system for powering South African schools using bitcoin was demonstrated at a recent event at the Massachusetts Institute of Technology.

Tech  ·  9 March 2016
Regulation

Why Bitcoin Regulation Lags Where it’s Needed Most

Africa has significant market potential for bitcoin companies, but its challenging regulatory environment is deterring development.

Policy & regulation  ·  8 March 2015
South Africa

Wallettec Brings Bitcoin Point-of-Sale Solution to South Africa

A new partnership between Wallettec and BitPay will bring bitcoin POS payments to brick-and-mortar retailers.

Business  ·  10 October 2014