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Tag: cryptocurrency

Third-biggest cryptocurrency plummets despite rally for other major coins

Amid the astonishing recovery this year by most of the world’s biggest cryptocurrencies, one stands out. The token known as XRP has tumbled about 20%, while eight of the other 10 biggest...

Facebook just announced plans for its cryptocurrency…

Facebook unveiled its plans for its cryptocurrency, Libra. Facebook has said that Libra will be backed by stable government-backed currency and will be run by a nonprofit. The move comes at...

South Africa’s new cryptocurrency changes explained

At the beginning of January, the South African Reserve Bank (SARB) released a new consultation paper focusing on crypto assets in the country. Whilst the SARB’s consultation paper does not (at this stage) intend...

Bitcoin dips below $6,000

Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital...

This ‘small’ tax change will hit South African cryptocurrencies hard

South African innovators hoping to position the country as a hub for fintech innovation are bound to be disappointed by a seemingly small tax law change that National Treasury and the...

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