South Africa | ForkLog

ForkLog 142 12.09.2025

South African Firm Bets on Bitcoin to Combat Inflation

Bitcoin is seen as a solution to Africa's issues of devaluation and inflation. South Africa's ABC plans to raise $210 million to create a cryptocurrency reserve.

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ForkLog 145 28.07.2025

From risk to regulation: how South Africa became Africa’s crypto leader

South Africa is emerging as a key player in the continent’s crypto ecosystem. According to Statista, industry revenue in the country will reach $615.5m this year and rise to $637.9m by 2026. Unlike jurisdictions where digital assets flourish amid economic crises, South Africa’s growth stems from clear regulation, mature infrastructure and strategic deployment of the […]

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ForkLog 8 04.07.2023

South Africa regulator to require licenses from local crypto exchanges

FSCA will require local exchanges to obtain licences by the end of the year.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 37 29.08.2022

South Africa rugby captain Siya Kolisi features in Luno cryptocurrency advert

The cryptocurrency exchange Luno published a new video on its YouTube channel featuring the popular South African rugby player Siya Kolisi.

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ForkLog 10 11.08.2022

SMS-based Bitcoin transfer service launched in South Africa

Developer Kgotatso Ngako launched an SMS service Machankura in South Africa. It enables Bitcoin transfers without internet access.

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ForkLog 10 02.07.2022

US extradites former Monero developer Ricardo ‘Fluffypony’ Spänni to South Africa

The court ordered the former lead Monero developer Ricardo 'Fluffypony' Spänni to surrender to the U.S. Marshals Service on July 5 for extradition to South Africa.

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ForkLog 8 01.03.2022

South Africa’s VALR raises $50m in Series B at a $240m valuation

South Africa-based cryptocurrency exchange VALR closed a $50m Series B financing round. It was led by Pantera Capital.

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ForkLog 4 12.01.2022

South African police launch investigation into possible fraud by Africrypt founders

South African authorities (SA) have begun investigating a number of criminal cases filed following investors' complaints against the bankrupt cryptocurrency platform Africrypt. Bloomberg reports.

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ForkLog 13 12.11.2021

Investor ready to spend $5m to rescue Africrypt

An unknown investor is prepared to spend $5 million to buy 51% of the bankrupt South African crypto investment company Africryp, on condition that criminal charges against its founders, the Kajee brothers, are dropped. Moneyweb reports.

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ForkLog 23 01.11.2021

South Africa to ban pension funds from investing in cryptocurrencies

South Africa's pension funds will be prohibited from investing in digital assets directly or indirectly. This follows from a draft of rules prepared by the government, according to the Government Gazette.

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ForkLog 8 08.10.2021

Binance imposes restrictions on South African users

The Bitcoin exchange Binance closed access for South African users to margin trading, leveraged tokens, and futures and options. The company said the move was to comply with local law.

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ForkLog 12 03.09.2021

South Africa regulator warns investors off Binance

The Financial Sector Conduct Authority (FSCA) in South Africa has urged local investors to exercise caution and vigilance when dealing with the cryptocurrency exchange Binance.

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