3 / 3 Relevant items tagged with #SouthAfrica

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Crypto exchange Roqqu receives South African approval to expand operations

[Apr 20, 2023 2:30 PM] Nigerian crypto exchange Roqqu received the green light to operate in South Africa, providing on and off-ramps to South Africa's Rand currency.

African blockchain ventures outpace global funding growth: Report

[Apr 18, 2023 7:52 AM] Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.

CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles

[Apr 17, 2023 1:00 AM] The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

[Apr 13, 2023 11:30 AM] According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

[Apr 8, 2023 11:30 AM] China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September…

US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States 

[Apr 4, 2023 1:30 PM] After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

[Apr 2, 2023 5:30 PM] On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

[Mar 31, 2023 10:30 AM] BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By…

Russia talks up prospects of BRICS countries developing new currency

[Mar 30, 2023 11:50 PM] A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.

Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

[Mar 22, 2023 2:12 AM] The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.

Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa

[Feb 1, 2023 1:45 PM] Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase.

South African Retail Giant Pick-n-Pay Now Accepts Bitcoin Payments At All Locations

[Feb 1, 2023 11:23 AM] Pick n Pay has partnered with CryptoQR in order to accept bitcoin at more than 2,000 stores.Pick n Pay, a South African retailer, has launched acceptance of bitcoin for payments throughout all of their stores. Previously, a test pilot had rolled…

South Africa adds new cryptocurrency standards to advertising code

[Jan 23, 2023 4:13 AM] Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board.

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

[Jan 19, 2023 9:30 AM] After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi…

DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

[Jan 16, 2023 8:46 PM] Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.

Crypto regulation world: How laws for digital assets changed in 2022

[Jan 4, 2023 12:56 PM] While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.

How to build a Bitcoin Beach: Advice from the pros

[Nov 13, 2022 8:10 AM] Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world.