Bitget, one of the world's largest crypto exchanges, is making a noisy entrance into the SA market with products such as credit cards linked to your crypto wallet and tokensied shares, explains head of growth for Africa, Callan Richardson.
Stablecoins too – and not as a sign of risk tolerance, but to mitigate the risks of fiat debasement, as 80eight macro strategist Shiven Moodley explains.
Digital exchanges like Mesh.trade have cut trading costs to 0.2% while making it possible to buy fractions of an asset. All transactions are logged on the blockchain. Stock exchanges like the JSE are getting a run for their money, says Mesh.trade MD Connie Bloem.
Ben Jordaan of crypto arbitrage company Shiftly notes how regulation has been a blessing and a curse for crypto arbitrage, introducing thousands of new participants while also squeezing the profits as demand increases.
Frank Leonette, CEO of AfriDAX, delves into the imminent arrival of banks into the crypto space in SA, a surprising and ironic turnaround given their prior hostility to this new asset class. There are risks aplenty for customers, and not everyone will welcome the banks.
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