Tag: South Africa

  • Sygnia
    Industry

    Sygnia Plans to Open Cryptocurrency Exchange Later This Year in South Africa

    Cape Town-based asset management firm Sygnia Ltd. has plans to open a cryptocurrency exchange in Q3 in response to growing interest in cryptocurrencies from investors across the country. SygniaCoin & Sygnia Cryptocurrency Fund The exchange will be called SygniaCoin, and will ‘offer investors a secure trading and execution...

    newsbtc | May 26, 2018 | 10:36 pm
  • South African
    Bitcoin

    South African Police Investigate $80 Million Bitcoin Ponzi Scheme

    The South African Police said today it has launched an investigation into an alleged fraud that has claimed more than one billion Rand ($80 million) in bitcoin from 30,000 investors. Funds manager of BTC Global, Steven Twain, disappeared on February 18 leaving admin staff and clients at a...

    tim copeland | May 25, 2018 | 8:00 pm
  • Kidnapping
    Bitcoin

    South Africa: Three Suspects in Custody Over Bitcoin Ransom Kidnapping

    Three suspects have been taken into custody by local law enforcement in South Africa following the kidnapping of a 12-year-old boy named Katlego Marite. It’s believed to be the first example of such a crime in South Africa involving a ransom demand being requested in Bitcoin. Kidnappers Demand...

    Rick D. | May 23, 2018 | 7:00 pm
  • south africa
    Industry

    South Africa Orders Taxpayers to Declare Cryptocurrency Gains

    The South African Revenue Service (SARS), the revenue service of the South African government, is ordering taxpayers to declare cryptocurrency gains and losses or risk facing penalties, regardless of how unclear the tax rules are at the moment. South Africa’s Tax Agency to Apply Penalties on Those Who Fail...

    Ricardo Esteves | April 9, 2018 | 9:07 pm
  • africa
    Bitcoin

    Crypto Surging in Africa as Alternatives to Traditional Banking

    Africa is rarely considered to be one of the larger markets for cryptocurrencies, but with the right factors in place — such as an increasingly tech-savvy populous and inflation triggered by central banks — that might be set to change. Case in point: The surge in popularity of...

    newsbtc | February 18, 2018 | 11:30 pm
  • shutterstock
    Bitcoin

    Bitcoin Not Reduce Popularity Gold in South Africa Anytime Soon

    Many enthusiasts feel Bitcoin will become more popular than gold at some point. It is true the price per BTC has surpassed the value of one ounce of gold. However, that will not impact the popularity of gold by any means. Over in South Africa, gold still remains...

    newsbtc | May 3, 2017 | 5:30 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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