Moneyweb Crypto

Webber Wentzel’s Joon Chong on the court ruling that’s left crypto assets in legal limbo. Moneyweb Crypto news articles

Pat Hourigan of Frictionless Markets says all companies should have a bitcoin reserve strategy if they want to preserve long-term wealth. Moneyweb Crypto news articles

We now know that about R100bn in crypto flows in and out of SA every year, but there’s a consistent net outflow each year in violation of exchange controls, says Carel de Jager, CEO of SilverSixpence. Moneyweb Crypto news articles

Macro strategist Shiven Moodley analyses the carnage in crypto markets over the last week, runs the numbers and finds some disturbing signs of insider trading. There are also a few pleasant surprises in an otherwise dreary altcoin market. Moneyweb Crypto news articles

Goldman Sachs says the stablecoin boom is just beginning — and it could grow into a trillion-dollar market. Moneyweb Crypto news articles

Connie Bloem of Mesh Trade explains why US dollar and even ZAR stablecoins like the recently launched yZAR are exploding around the world. Moneyweb Crypto news articles

You can be sure the JSE and financial institutions are taking notice. Moneyweb Crypto news articles

Hannes Wessels, general manager for Binance SA, explains how to make your crypto work harder for you, earning returns 11% and more in US dollar terms. Moneyweb Crypto news articles

Altvest changes its name to Africa Bitcoin Corp and plans to raise R3.68bn ($210m) to invest in Bitcoin. The two men behind the project, Altvest CEO Warren Wheatley and tech entrepreneur Stafford Masie, explain this radical new approach to building what they see as bullet-proof balance sheets. Moneyweb Crypto news articles

The SA Reserve Bank says the threat of being excommunicated from SWIFT is likely to focus certain individuals rather than the country as a whole, but we should not take this lying down, says 80eight CEO Faadil Moti, as the experience with Russia and Iran shows that events can escalate quickly. Moneyweb Crypto news articles

Warren Deats, chief investment officer at Geddes Capital, explains that banks are likely far closer to entering the crypto space than many realise. Deats, himself a former banker and a crypto sceptic, says he understands the banks’ hesitancy when it comes to crypto, but argues they cannot delay their entry to the crypto space much longer. Moneyweb Crypto news articles

If they’ve seen a video of Elon Musk or Cyril Ramaphosa or any other celebrity telling them how to turn R4 500 into R20 000 in a month, it’s a scam says Gerhard van Deventer, head of enforcement at the Financial Sector Conduct Authority. Moneyweb Crypto news articles

Both VALR and Luno have launched tokenised stocks in SA, allowing South Africans to purchase exposure to US equities like Tesla and Nvidia without having to use their foreign allowance. It’s part of an accelerating trend where cryptocurrencies are gatecrashing the traditional finance space, explains VALR chief operating officer Gianluca Sacci. Moneyweb Crypto news articles

Best-selling author and bitcoin miner Giannis Andreou says it’s not just bitcoin that’s getting attention from serious investors. Ethereum, written off by some as dead just a year ago, is back with a bang, as are some of the minnows of the crypto world. Moneyweb Crypto news articles

JSE-listed companies should be adopting bitcoin strategic reserves if they pause for a minute and take a serious look at the state of SA and the prospects for the rand, says tech entrepreneur Stafford Masie. Moneyweb Crypto news articles

Kenya-based Gridless Compute is a bitcoin miner with six sites in four countries. Now it's going into power generation, bringing electricity to the most stranded parts of Africa. Moneyweb Crypto news articles

Bitget, one of the world's largest crypto exchanges, is making a noisy entrance into the SA market with products such as credit cards linked to your crypto wallet and tokensied shares, explains head of growth for Africa, Callan Richardson. Moneyweb Crypto news articles

Stablecoins too – and not as a sign of risk tolerance, but to mitigate the risks of fiat debasement, as 80eight macro strategist Shiven Moodley explains. Moneyweb Crypto news articles

Digital exchanges like Mesh.trade have cut trading costs to 0.2% while making it possible to buy fractions of an asset. All transactions are logged on the blockchain. Stock exchanges like the JSE are getting a run for their money, says Mesh.trade MD Connie Bloem. Moneyweb Crypto news articles

Ben Jordaan of crypto arbitrage company Shiftly notes how regulation has been a blessing and a curse for crypto arbitrage, introducing thousands of new participants while also squeezing the profits as demand increases. Moneyweb Crypto news articles

Frank Leonette, CEO of AfriDAX, delves into the imminent arrival of banks into the crypto space in SA, a surprising and ironic turnaround given their prior hostility to this new asset class. There are risks aplenty for customers, and not everyone will welcome the banks. Moneyweb Crypto news articles

Rob Price, CEO of Sound Money, takes us through some of the extraordinary leaps in quantum computing in recent months and what threat this poses to Bitcoin's cryptography – and how bitcoiners are responding. Moneyweb Crypto news articles

Jon Ovadia, CEO of OVEX, gives his predictions for bitcoin as a rush of companies concerned about financial uncertainty stack BTC on their balance sheets. He also explains how OVEX is building a world-first "neo bank" built on crypto rails. Moneyweb Crypto news articles

This could lead to a free-for-all, with crypto transfers abroad not subject to SA Reserve Bank approval – at least until the loophole is closed. Wiehann Olivier of Forvis Mazars takes us through the likely implications. Moneyweb Crypto news articles

The recent hack of crypto exchange Coinbase, where criminals working with rogue insiders managed to get access to customer information and demanded $20m to keep it quiet, is an example of how KYC can go wrong, says Shiven Moodley, macro strategist at 80eight. Moneyweb Crypto news articles