U.S.-South Africa Tensions Escalate: Trump Threatens to Cut Aid Over Land Expropriation Act

February 3, 2025 Bitcoin.com

Africa

Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question The tiff between the United States and South Africa appeared to worsen on Feb. 3 after South African President Cyril Ramaphosa rebuffed Donald Trump’s threat […]

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South African Court Sets Bail for Man Accused of Sending Bitcoin to Terrorists

January 31, 2025 Bitcoin.com

Africa

A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC) worth just over $600 to an Islamic State […]

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Microsoft’s Ambitious Plan: Train 1 Million South Africans in AI and Cybersecurity

January 28, 2025 Bitcoin.com

Artificial intelligence (AI)

Microsoft has announced plans to train 1 million people in South Africa on artificial intelligence (AI) and cybersecurity skills by 2026. This initiative, part of Microsoft’s broader efforts to empower individuals and businesses across Africa, aims to equip South Africans with the necessary skills to thrive in the digital economy. This announcement builds upon Microsoft’s […]

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South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture

January 22, 2025 Bitcoin.com

bitcoin.com

Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on […]

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Russia, India and South Africa Say BRICS Not Seeking to Weaken US Dollar: Report

December 22, 2024 The Daily Hodl

brics

Three BRICS countries are uniting in sending a message to President-elect Donald Trump about the economic bloc’s alleged de-dollarization efforts. Last year, reports surfaced that BRICS is creating a common currency backed by gold and potentially additional precious metals and assets in an effort to circumvent USD. But now, there’s an apparent reversal. Russian diplomat […]

The post Russia, India and South Africa Say BRICS Not Seeking to Weaken US Dollar: Report appeared first on The Daily Hodl.

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South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications

December 14, 2024 Bitcoin.com

bitcoin.com

The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP) licenses from the 420 applications it received. According to a […]

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South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

December 7, 2024 The Daily Hodl

Brazil

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to […]

The post South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report appeared first on The Daily Hodl.

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South Africa Seeks Input on National AI Policy Framework

November 27, 2024 Bitcoin.com

The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation, as well as ethical considerations, such as transparency, accountability, and fairness. The policy framework is open […]

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Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade

October 17, 2024 Bitcoin.com

bitcoin.com

Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […]

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North Korea Signals Closer BRICS Relations Amid Growing Russia Ties

September 25, 2024 Bitcoin.com

bitcoin.com

North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North Korea’s sanctions and economic constraints make membership unlikely. Recent […]

South Africa

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