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Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk

Follow up Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the Supreme Court had asked the Reserve Bank of India (RBI) to clarify its position as ..

Unpacking the Potential of Blockchain and Infrastructure in Africa

Opinion The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African trade, such as the African Continental Free Trade Agreement, are setting the table..

Whenever Bitcoin Prices Go Up or Down, Google Searches Soar

New Year Special Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months — with the flagship crypto asset’s..

South Africa Central Bank Set to Create Clear Cut Crypto Regulations

The South African Reserve Bank (SARB), the country’s apex bank, is reportedly planning to enact policies aimed at restricted local crypto usage. Such a move would signal the first concrete step towards policing the South African virtual currency scene which has so far seen little in the way of crypt..

South African Central Bank to Reportedly Introduce New Crypto Regulations

News The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in a bid to deter users from evading currency controls. As local business-focused publication Business Report reported on Dec. 2, SARB’s deputy..

Crypto in Africa: Opportunities and Challenges, Explained

Increasingly so, and you could argue that parts of the continent are world-leading. Back in April, Google Trends data revealed that Lagos in Nigeria has the world’s highest volume of online searches for Bitcoin (BTC). A lot of this is driven by frustration toward existing payment solutions, w..

South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’

News Bitcoin (BTC) exchanges in South Africa will lose their banking support after a local bank confirmed it was closing their accounts. As local internet magazine My Broadband reported on Nov. 19, FirstRand Bank (FNB) — one of the largest financial institutions in South Africa — sent letters rega..

BRICS Nations Discuss Creation of New Crypto For Unified Payment System

News According to one official in attendance, members of international association BRICS discussed the creation of a new cryptocurrency at a recent summit. On Nov. 14, Russian financial news outlet RBC reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev ..

Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin Ransom

News Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week. In a statement posted to its official Twitter handle on Oct. 28, the Johannesburg city council confirmed the attack had affected services that includ..

Hackers Breach Johannesburg’s Civil Website Demanding BTC Ransom

News Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC). The city announced the hack on its official Twitter account on Oct. 25. The city wrote that it had “detected a network breach which resulted in unauthorised access to its inf..

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