South Africa | ForkLog

ForkLog 15 01.09.2021

South Africa central bank chief declines to call bitcoin a currency

Cryptocurrencies meet the definition of an asset, not a currency. This was stated by Lesetja Kganyago, chair of the South African Reserve Bank (SARB), during a speech at Wits Business School, MoneyWeb reports.

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ForkLog 19 30.08.2021

Court denies bail to former Monero developer Riccardo ‘Fluffypony’ Spagni

A US court denied bail to former Monero lead developer Riccardo 'Fluffypony' Spagni over flight risk.

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ForkLog 20 21.08.2021

South African loses bitcoins worth nearly $1 million

A young man from Pretoria (South Africa) lost access to a wallet containing 20 BTC mined ten years ago, according to MyBroadband. At the time of writing, the value of the bitcoins he lost is around $980,000.

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ForkLog 29 04.08.2021

Lawyers for former Monero developer Riccardo Spagni explain arrest for failure to appear in court

The detention of former Monero lead developer Riccardo 'Fluffypony' Spagni is unfounded, according to his attorney Duncan Ouks.

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ForkLog 18 03.08.2021

Former Monero developer Ricardo Spagni arrested on fraud charges

U.S. law enforcement authorities have detained former Monero lead developer Ricardo "Fluffypony" Spagni. The arrest was carried out at the request of South African authorities, who accuse him of fraud. The case is not related to private cryptocurrency.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 30.06.2021

Africrypt fraud suspects put forward loss figure of $3.6 billion.

One of the founders of the collapsed crypto investment firm Africrypt, Raees Cajee, said that its portfolio did not come close to the attributed $3.6 billion figure. The WSJ reports.

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ForkLog 11 28.06.2021

Africrypt founders deny $3.6bn fraud allegations

The founders of the now-bankrupt crypto investment firm Africrypt, Amir and Raees Kaagee, “categorically rejected” allegations of deceiving clients. They attributed the collapse to a hacker attack, according to the BBC.

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ForkLog 8 20.06.2021

South African bank denies link to $3.6 billion cryptocurrency fraud

One of South Africa's largest banks, First National Bank (FNB), denies allegations of ties to the insolvent crypto investment company Africrypt. Bitcoinist reports this, citing local media.

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ForkLog 7 25.05.2021

South Africa to test CBDC in retail payments

The South African Reserve Bank will study the feasibility of issuing a general-purpose retail CBDC. The regulator will complete the techno-economic justification for the project in 2022.

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ForkLog 12 10.05.2021

Opinion: SARS to top up the budget through crypto traders

The South African Revenue Service (SARS) is looking to increase budget revenues from holders of digital currencies. This view is shared by Thomas Lobban, head of the cross-border taxation unit at Tax Consulting South Africa, according to BusinessTech.

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ForkLog 8 31.03.2021

Alameda Research backs South African prime broker OVEX with $4 million

OVEX, the South African crypto prime broker, attracted $4 million from Alameda Research.

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ForkLog 6 03.02.2021

South Africa’s tax authority begins audits of cryptocurrency investors

The South African Revenue Service (SARS) has begun sending taxpayers audit requests demanding additional information about digital asset trades, according to Businesstech.

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