Binance SA sees growth amid crypto boom

Binance SA sees growth amid crypto boom

Larry Cooke, legal counsel for Binance Africa. Crypto-currency exchange Binance has seen rapid customer growth in South Africa, since its local inception eight years ago, as more South Africans adopt crypto-currency. The online digital wallet service − through which crypto-currencies can be traded, bought and sold − says it has witnessed local customer numbers rising…

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An inflection point for crypto in South Africa

An inflection point for crypto in South Africa

Binance South Africa’s Hannes Wessels Regulatory advances in 2025 have laid the foundation for the growth of cryptocurrencies, with their use in domestic payments and cross-border remittances expected to surge this year. “Last year marked a turning point for crypto in [South Africa and the rest of] Africa, shifting from retail‑led speculation and towards institutional…

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Regulatory milestones mark turning point for crypto

Regulatory milestones mark turning point for crypto

2025’s global regulatory strides created a foundation for deeper integration of crypto and traditional finance. South Africa and several major global markets rolled out extensive crypto-currency regulatory reforms in 2025, marking a shift toward tighter oversight and deeper institutional participation in digital assets. Local exchanges interviewed by ITWeb say the combined momentum reshaped the regulatory…

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Crypto sell-off, Nikkei 225, Hang Seng Index

Crypto sell-off, Nikkei 225, Hang Seng Index

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We…

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