A South African law enforcement agency has opposed bail for Ziyadh Hoorzook, who is accused of donating bitcoin to an organization allegedly funding terrorism. Hawks Say They Uncovered Compelling Evidence A South African law enforcement agency recently argued against granting bail to a man accused of donating $ 614 in bitcoin (BTC) to an …
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. […]
South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities
A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house […]
South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications
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 […]
Orange Partners With Openai and Meta to Develop AI Models for African Languages
Orange announced a partnership with Openai and Meta to develop AI models that understand African languages. Mitigating the Growing Digital Divide Orange, the French telecoms giant, announced on Nov. 26 that it will partner with Openai and Meta to fine-tune artificial intelligence (AI) large language models (LLMs) to understand African languages. Orange said the custom […]