Posts Tagged: Bankymoon

South Africa’s 2nd Largest Grocer Won’t Accept Bitcoin without Regulation

Bitcoin

It was believed that South Africa’s second-largest supermarket chain, Pick n Pay, would start accepting bitcoin in one of its stores. However, a fresh report indicates that that is not the case. On the 18th September, payments software development firm Electrum made the announcement. It said that it had enabled Pick n Pay to accept… Read more »

South Africa’s Central Bank to Start Testing Digital Currency Regulations

Digital Currencies

The South African Reserve Bank (SARB) has announced that it will begin testing regulations for digital currencies such as bitcoin. During the first seven months of 2017, the digital currency market has experienced huge gains with slight drops in between. At the beginning of the year bitcoin was valued at $1,000; however, its price has… Read more »