South Africa

AdoptionFinance

Two South African Banks Just Added Bitcoin in the Same Week. Here Is What That Signals for the Rest of the Continent

Absa launched institutional Bitcoin custody on October 2. FNB opened Bitcoin trading to 9 million retail customers four days later. Two of South Africa’s biggest banks moving on Bitcoin in the same week is not a coincidence. It is a signal the rest of the continent cannot ignore.

Read More
ExclusiveFounders DeskInterviews

Africa’s Offline Bitcoin Builder: Kgothatso Ngako on Making Bitcoin Work Without Smartphones, Reliable Internet, or English.

Kgothatso Ngako created Machankura and Exonomia to solve two of the biggest barriers to African Bitcoin adoption: access and language. By enabling Lightning payments via simple USSD codes on feature phones and translating foundational literature into African languages, his tools bring open monetary infrastructure to where people actually are.

Read More
Regulation

South Africa’s Proposed Rules Would Ban Buying Bread With Bitcoin. MoneyBadger Wants Policymakers to Rethink

MoneyBadger, the payment provider powering Bitcoin acceptance at Pick n Pay and South African Airways, is warning that the SARB’s draft exchange control rules would classify any payment from a private Bitcoin wallet as prohibited, even when the buyer is simply paying for bread and the merchant receives rand. The public comment period closes today.

Read More
ExclusiveFounders DeskInterviews

South Africa’s Bitcoin Township: Herman Vivier on Five Years of Turning a 2010 Surf Charity into Mossel Bay’s Working Circular Economy

Bitcoin Ekasi did not start with code or venture capital. It started with eleven years of community trust in a Mossel Bay township, then layered Bitcoin on top to pay surf coaches in sats and get spaza shops accepting them. Herman Vivier on five years of building Africa’s most recognised Bitcoin circular economy.

Read More