Category: Cryptocurrencies

Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange

Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. A similar application in 2017 was rejected by JSE on grounds that […]

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South African Crypto Platform Revix Raises $4.1 Million

The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution (4IR) investment opportunities.” Furthermore, Revix says it also plans to use part of […]

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Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the […]

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Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People

Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African customers in 2020, also reveals that “around 65% of Luno’s […]

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World’s Largest Asset Manager Black Rock CEO says Crypto Can Become a Great Asset Class

Larry Fink, CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said cryptocurrencies can become a great asset class. Fink added that people should stop looking at Cryptocurrencies as substitute money as it has risen as a form of investment rather than a substitute for currency. Fink explained, “It may […]

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With the Election of Gary Gensler as Chairman of the SEC, What Could this Indicate For Ripple?

Gary Gensler will now advise the SEC in a time of crisis. Since it’s recent scandal with Ripple, the financial gatekeeper SEC has been under fire lately for not providing transparency regarding its authority over the cryptocurrency ecosystem. This follows Gensler’s predecessor Jay Clayton, an attorney elected under the Trump administration, filed a lawsuit against […]

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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort […]

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Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders

Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines Could Be ‘Over $5,900’ if a Crypto Holder Fails […]

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Wildly Popular Live Casino Games from Evolution Now Available on Bitcoin.com’s Gaming Portal

Bitcoin Games adds live casino games and shows from the most sought-after gaming software provider. Play Live Casino Games with Real Dealers Bitcoin Games is a one-stop gaming portal for players to enjoy a variety of casino games playable with cryptocurrency. There is something for everyone – from slot lovers to jackpot chasers, the online […]

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