A South African cryptocurrency exchange that provides trading services for various digital assets, including tokenised equities.
Treasury’s crypto crackdown is a betrayal of Mandela’s promise
Nelson Mandela pledged in 1996 to phase out exchange controls, a commitment that remains unfulfilled thirty years later. The South African Treasury's draft regulations aim to include crypto assets in capital flow management, replacing outdated apartheid-era regulations.
Coinbase taps Egyptian-founded Kemet for institutional crypto derivatives expansion
Kemet partners with Coinbase to simplify access to derivatives products for institutional clients. The deal allows access to Coinbase’s trading venues through a single platform.
New draft rules could reshape crypto in South Africa
The South African crypto industry is pushing back against the National Treasury's draft Capital Flow Management Regulations, which could impose strict controls on crypto transactions. Major players like VALR and Luno express concerns over the draft's provisions that could classify local crypto trade
Luno wants more than crypto trading. Prediction markets are the first move.
Luno launched prediction markets for users in South Africa and Nigeria. The new feature allows users to bet on whether major cryptocurrencies will finish above or below a target price within 24 hours.
Ozow Announces New Crypto Payments Solution
Ozow officially integrates cryptocurrency as a primary payment solution. Customers can pay directly from their crypto wallets, including Bitcoin Lightning and major exchanges.
