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Tag: South Africa

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From Speculation to Stability: Discovery Bank Report Reveals 7.8M South Africans Now Invest in Crypto
A new report by Discovery Bank and Visa highlights a major shift in South Africa’s financial landscape, as cryptocurrency matures from a speculative trend into a mainstream investment class. Key Takeaways: Discovery Bank and Visa report that 7.8 million South… Read full article
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South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO
Industry leaders and financial experts have issued a sharp rebuke of the South African National Treasury’s Draft Capital Flow Management Regulations 2026, calling the proposal a regressive move that mirrors apartheid-era economic controls. Key Takeaways: National Treasury draft replaces 1961… Read full article
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South Africa Crypto Crackdown? Proposal Could Force Citizens To Liquidate Bitcoin To The State
South Africa has released new draft regulatory proposals that, if implemented, could significantly change how residents interact with certain wealth holdings—including crypto. 
The document, published as part of the country’s latest attempt to tighten rules around the crypto industry, would… Read full article
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