South Africa's National Treasury published a draft Capital Flows Management Bill, bringing crypto assets under the same cross-border capital controls as gold and foreign exchange. Unauthorized transfers could lead to forced sale to the state. The industry is split over compliance benefits versus constitutional concerns.
India's Parliamentary Standing Committee on Finance met Binance, WazirX, and ZebPay today for a closed-door hearing on virtual digital asset regulation, with hopes for a 'Crypto Tax 2.0' reform.
Vantage announced 2026 strategy at APAC Gala, focusing on CFD depth, efficiency, and pro-trader ecosystem. This article analyzes CFD hedging use cases amid record gold and equity levels, contrasts with perpetual swaps, and reviews Vantage's regulatory framework.
South Africa's FSCA reports 420 CASP license applications received as of Dec 10, 2024, with 248 approved, 9 denied, 106 withdrawn, and 56 under review. The update clarifies rejection reasons, transitional relief, and that licenses do not confer legal tender status.
South Africa's Financial Sector Conduct Authority (FSCA) warns investors against Afriinvest and Mutualwealth, two unlicensed crypto firms promising unrealistic daily returns of up to $542 using celebrity endorsements without consent.
Ripple expands in Africa amid a 52% year-over-year on-chain activity surge, recording over $205 billion in value. The move focuses on RLUSD stablecoin partnerships with Chipper Cash, VALR, and Yellow Card to boost digital economy.
Ripple announces major expansion in Africa, citing 52% YoY surge in on-chain activity worth over $205 billion. The firm promotes its RLUSD stablecoin via partnerships with Chipper Cash, VALR, and Yellow Card, aiming to capture Africa's growing digital asset market.
