Richard de Sousa
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Elon Musk’s Bitcoin touch lifts SA crypto exchanges

Since Tesla bought $1.5 billion worth of Bitcoin, local crypto players report a huge increase in digital currency transactions on their platforms.

8 Feb

Taking advantage of xZAR

One of the key use cases for Stablecoins, such as xZAR, is the ability to use it as a payment mechanism.


Even more interest in crypto-currencies

Crypto-currencies are simple to trade and most of them are not bound to the success or failure of any country, providing people with an independent way to hold cash.

Nov 18, 2020

SA crypto players upbeat as Bitcoin nears $20K milestone

The local firms believe the price of Bitcoin will breach the $20 000 (R307 000) all-time high it reached during the tail-end of 2017.

Sep 11, 2020

Crypto exchange AltCoinTrader drags ‘bullying’ Absa to court

The local crypto-currency exchange takes the big four bank to court for allegedly putting pressure on Zapper to close the exchange’s account.

Apr 20, 2020

Gold and Bitcoin show their mettle

Many investors are looking for safe havens for their funds until the storm created by the COVID-19 pandemic dies down, says Richard de Sousa, CEO of AltCoinTrader.

Apr 9, 2020

Lockdown reignites Bitcoin interest across SA’s crypto exchanges

Local crypto-currency players witness renewed interest in Bitcoin, as the country grapples with the financial implications of the COVID-19 lockdown.

Mar 31, 2020

Blockchain, Bitcoin show promise in SA, but more skills needed

John Singh, head of the Institute of Information Technology Professionals SA Blockchain Special Interest Group in KwaZulu-Natal, believes there will be strong demand for blockchain and crypto-currency skills in future.

Feb 13, 2020

Using Bitcoin as loan collateral gains traction

Several lenders begin using crypto-currencies as collateral for personal loans, without much bureaucracy.

Jan 24, 2020

Nedbank may follow FNB in closing crypto-currency accounts

The big four bank says it is in the process of assessing its position in respect of virtual currency dealers or traders.


AltCoinTrader announces surprise fee reduction

The leading cryptocurrency exchange will reduce all fees by more than 50% indefinitely to remain at the forefront of the increasingly competitive cryptocurrency industry, says Richard de Sousa, CEO, AltCoinTrader.

Aug 13, 2019

Uptick in South African women chasing crypto-currency

Most South African exchanges say more women are now dabbling in crypto than in previous years.

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