22 Feb

SA traders expect more regulation as Bitcoin rally continues

Local crypto players strongly believe the higher digital currency prices will lead to faster regulatory developments in the country.


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.

9 Feb

Luno says funds are safe in Nigeria after crypto crackdown

SA’s biggest crypto exchange and other crypto-currency firms halt deposits in naira after the Nigerian government cracks the whip on crypto-currency players.

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.

Nov 4, 2020

Ex-Luno product manager launches SA-based Bitcoin exchange

Leon Kowalski, a former product manager at Luno, is establishing his own Bitcoin trading platform called Cape Crypto.

Sep 9, 2020

New York-based Digital Currency Group snaps up Luno

The SA-founded crypto exchange has been acquired by Digital Currency Group, a global enterprise that builds, buys and invests in blockchain companies.

Aug 7, 2020

Naspers-backed Luno in deal for crypto savings accounts

The exchange partners with Genesis, a provider of digital currency brokerage services, to enable traders to earn interest on their crypto holdings.

Jul 21, 2020

SA’s crypto-currency exchange VALR gets R57m boost

The Series A equity round of funding was led by 100x Ventures, with participation from 4Di Capital and continued support from Michael Jordaan and Bittrex.

May 12, 2020

Brisk business at SA crypto exchanges as Bitcoin is halved

Local dealers report a surge in transactions ahead of the Bitcoin halving process that happened last night.

May 5, 2020

Bitcoin surges 28% amid weak global economy

The spreading of the coronavirus via surfaces is incentivising society to move towards a cashless environment, which augurs well for digital money, says Luno.


Move to regulate crypto-currency gains pace in SA

The recently-established Intergovernmental Fintech Working Group drafts a policy position paper on crypto assets.

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.

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