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Cryptocurrency South Africa

South African Property Firm First to Accept Crypto for Rental Deposits

Quorum Holdings, an affordable residential and student housing specialist is the first property firm in South Africa to accept rental deposits in cryptocurrency tokens and to allow prospective tenants to potentially benefit from an increase in value. While rental deposits...

Leading Crypto Exchange Remitano Launches its Native Token – RENEC

Global peer-to-peer crypto exchange Remitano is currently developing its native token, RENEC, to improve the quality of services delivered to customers, reduce transaction fees and ensure secure and swift transactions. While Remitano Network is still in the development phase,...

Can I Still Trade Bitcoin in South Africa Despite SARS Clampdown?

South Africa is one of the countries where the growth, adoption, and use of bitcoin and other cryptocurrencies continue to move at a fast pace. People are looking for how to buy bitcoin now more than ever. However, a lot...

South African Investors Lose $3.6-Billion in Massive Crypto Scam

AfriCrypt, a South African cryptocurrency investment company, has reportedly defrauded around $3.6-billion in investor funds after the company made claims that its trading systems had been hacked. Investors in AfriCrypt reportedly count amongst South African celebrities and other high profile...

How Blockchain and Crypto Can Lessen Financial Exclusion in Developing Countries

While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide...

The Value of Digital Currencies During the Age of COVID-19

"Money is no longer the commodity it was a decade ago. How we acquire money is changing, and so is the form of money," writes John Lombela, MD of African investment and tech company Cryptovecs Capital. He says that with...

Africa – The Most Promising Region for Cryptocurrency Adoption says Report

According to a new report by Luno and Arcane Research, the economic landscape across the continent augurs well for cryptocurrency adoption in Africa. The State of Crypto: Africa report says that rapid adoption of cryptocurrencies is likely in Africa in the...

Cryptocurrencies Continue to Gain Traction as Global Economy Shrinks

The cryptocurrency sector continues to show strong growth despite a severe economic contraction since the global COVID-19 pandemic. In fact, Bitcoin is up 28% and is now trading at $8993. This could be attributed to the move towards a cashless...

There are now almost 7000 Bitcoin ATMs Worldwide

ATMs that support digital coins and cryptocurrency have increased parallel to the trend on the market since the beginning of the year, reports Bitcoin.com. With the promising start this year had with cryptocurrencies – Bitcoin itself has risen from a...
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Why Is Business Automation Essential? Unveiling 5 Reasons

What does integration and automation entail? Simply put, it is a way of connecting different apps and services within your...
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