The crypto-currency has fallen to a seven-month low after dropping below $90 000, wiping out much of its gains for the year.
The retailer’s shoppers collectively spent a monthly average of R1.4 million in crypto-currency over the past 12 months.
Under the deal, Discovery Bank clients will be able to link their Luno accounts to buy, hold and sell crypto assets through the bank’s app.
ITWeb is running a survey on cybersecurity to gain a better understanding of how SA businesses are managing their cybersecurity posture. Survey sponsor MTN Business wants to find out where local companies are going for information about cybersecurity best practice, as well as the challenges they face.
To gather further insights into the utilization of CRM/ERP solutions by South African organisations, the survey poses the following questions:
By completing the questionnaire, you’ll contribute to this local research project and stand a chance to win a Takealot voucher to the valueof R3 000. The detailed results of the survey, and the prize winner, will be published on ITWeb.
Thanks for participating!
The central bank can’t change regulations through the courts, says Joon Chong, a partner at law firm Webber Wentzel.
South Africa’s Financial Sector Conduct Authority issues new licences for crypto platform, VALR.
Through the partnership, Absa will leverage Ripple’s digital asset custody tech to deliver storage for tokenised assets, including crypto-currencies.
Policy uncertainty and a constructive regulatory environment in the US could see Bitcoin hit $200 000, say analysts.
The taxman ramps up crypto transaction oversight as legal uncertainty persists over whether digital assets fall under foreign exchange controls.
Through its integration with Zapper, Binance Pay opens new avenues for South Africans to use crypto-currencies to shop and pay.
The South African Reserve Bank’s push to apply 1961 regulations keeps businesses and consumers in the dark on cross-border crypto trading.
The 361 students completed the programme across four campuses in Johannesburg, Cape Town and Durban.