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Blockchain Applied  •  
February 19-20, 2019

# South Africa News

The South African government established a group of specialists to investigate digital currency and blockchain technology to devise a regulatory framework for the emerging industry. Finding the Appropriate Regulatory Framework Following many of the governments around the world, South Africa has recently gathered a working group to research digital currencies...
Farzam Ehsani, former blockchain lead at Rand Merchant Bank (RMB), has launched his new business initiative named VALR, reports Tech Central, on December 6, 2018. Based in South Africa, VALR is a digital asset trading platform which has been launched in partnership with crypto exchange trading platform Bittrex. VALR to...
December 5, 2018 by at Bitcoin, Crime, News
A South African man was recently kidnapped by a group of five people in Soweto who went as far as to drug and torture him to get access to his cryptocurrencies according to December 2, 2018, reports. Bitcoin Presentation Soweto Urban reported that on November 16, 2018, a man from...
Blockchain, or distributed ledger technology (DLT), is growing faster than a speeding bullet. After a period of ostracization and criminalization, the technology behind Bitcoin is now being used by the Banking industry. Regulations Catching Up According to Central Banking, this Thursday, the South African Reserve Bank (SARB) was awarded the...
August 21, 2018 by at News
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. MyBroadband reported on August 19, 2018, that the SARS is currently looking for the best way to identify cryptocurrency...
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