The countries that make up the BRICS have discussed in their most recent meeting the use of digital currencies, as another alternative to dependence on the dollar.
Brazil, Russia, India, China and South Africa are the emerging economies that give life to the BRICS group.
On the subject, in his…
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South Africa
Venezuela plans to export large amounts of food to the world
The president of Venezuela, Nicolás Maduro, indicated in an act held this Thursday in the state of Carabobo, that soon the country will be able to export large amounts of food to other countries.
During his speech, Maduro said: "I imagine…
US financial regulatory agency investigates crypto fraud
The US financial regulatory Commodity Futures Trading Commission (CFTC) has requested an investigation into a South African speculative platform and is demanding that it restore $1.7 billion deposited in crypto by its clients.
The Mirror…
Cryptocurrency Omicron increases its value by 950 %
The cryptocurrency omicron registered an increase in its price of more than 950 % in the last two days after the media focus was raised on the new variant of the coronavirus that emerged in South Africa and named in the same way.
During…
South Africa regulates cryptocurrency investments in pension funds
Enoch Godongwana, finance minister of South Africa, presented a new bill that excludes the possibility of investing in cryptocurrencies and stipulates some prohibitions when investing the money of the users of pension funds.
In the…
New G20 approach could spur crypto adoption
The international organization for central bank governors and governments of twenty countries on different continents defined as the G20, has successfully approved the bill called the massive adoption of cryptocurrencies, a victory that…
New software is used to investigate Covid-19
Stanford University has been working for more than twenty years on the developing software that can be used for the research on Covid-19, which is integrated into laboratory teams around the world through a distributed computing platform on…
Lingham: “The world will have a more stable financial system”
During an interview, the CEO and co-founder of Civic Technologies, Vinny Lingham, said that cryptocurrencies will help improve the financial system that currently exists.
As detailed by the South African, today the "world wants a more…
Africa faces growth challenges with blockchain technology
Africa is currently studying the benefits of blockchain technology to face the challenges posed by growth. Countries such as South Africa, Kenya, Uganda and Nigeria have experienced a remarkable development in technologies but the continent…
South African firm will launch crypto exchange
Sygnia Asset Management, a South African company with 180 billion rand assets, has announced the launch of a cryptocurrency exchange in the last quarter of 2018. The evolution of the digital financial market gives them confidence and…