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Deal Box offers $125M blockchain and Web3 venture fund
Deal Box created a $125 million Web3 venture capital fund. Deal Box Ventures will support emerging growth, real estate, fintech, funtech, and social impact firms. It owns Total Network Services, Rypplzz, and Forward-Edge AI. Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. Before launching CBDCs, the SARB governor suggested a national dialogue. Crypto barely fits two of three currency standards, he said.
SARB governor: CBDCs must tackle a "serious challenge" at WEF 2023.
Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. The SARB governor suggested a national discussion before establishing CBDCs. Crypto barely fits two of three currency standards, he said.
SARB to Introduce Crypto Regulation
South Africa has changed their mind in terms of crypto regulation. The regulator intends to introduce a legal framework to govern the use of cryptocurrencies in the country.
South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020
The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020 and it brings to an end a deliberation that started since 2014.