VALR has secured a licence in Poland and is eyeing other jurisdictions in the hopes of taking on some of world’s crypto giants.
Browsing: VALR
Tether CEO Paolo Ardoino has told a VALR webinar that stablecoins are becoming a second-line currency for global trade finance.
One bitcoin now costs R1-million, nearly equalling the record high price (in rand terms) set in 2021.
Has crypto become a way for wealthy South Africans to move money offshore and get around exchange controls?
Crypto exchange VALR has partnered with technology payments firm Visa to collaborate on payment solutions.
South African crypto exchange VALR has disclosed that it has processed more than $10-billion in trading volume since its launch.
South Africans with a Luno wallet or VALR Pay will soon be able to use bitcoin to buy their groceries.
South Africa will require that crypto exchanges in the country operate with licences by the end of the year.
The Prudential Authority has issued a “guidance note” to local banks saying they should provide banking facilities to crypto exchanges.
The CEOs of two of the country’s largest crypto exchanges believe the fundamental underpinnings of the industry are still strong, but asset prices may not rebound quickly.