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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: South Africa

The State of Bitcoin in South Africa

Category: Bitcoin, Business, Commentary, News

The State of Bitcoin in South Africa

South Africa has one of the most active bitcoin economies on the African continent, gauged by its bitcoin trading volumes and the amount of bitcoin and blockchain startups it has. South Africa is one of the most developed countries in Africa and has the third largest economy in the continent after Nigeria and Egypt. While its economy has recently struggled…

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South Africa’s Pro-Bitcoin Stance Is Boosting Innovation In Africa’s Largest Economy

Category: Bitcoin, Business, News, Regulation

South Africa’s Pro-Bitcoin Stance Is Boosting Innovation In Africa’s Largest Economy

South African regulators have taken a positive stance towards Bitcoin and are thereby contributing to the creation of a favorable environment for bitcoin and blockchain startups to flourish. In a white paper published by the South African Reserve Bank in December 2014, South Africa’s central bank stated that, while cryptocurrencies (referred to as Decentralized Convertible Virtual Currencies in the paper)…

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