Absa inks crypto-currency deal with Ripple

Absa inks crypto-currency deal with Ripple

Absa will leverage Ripple’s digital asset custody technology. Big-four bank Absa has entered into a strategic partnership with Ripple, a provider of digital asset infrastructure for financial institutions, to provide digital asset custody to its customers in South Africa. In a statement, the bank says through the partnership, Absa will leverage Ripple’s digital asset custody…

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Supreme Court to hear seminal crypto-currency case

Supreme Court to hear seminal crypto-currency case

The South African Reserve Bank will take a crypto-currency matter to the Supreme Court. In what could be a precedent-setting case, the Supreme Court of Appeal (SCA) will next year hear arguments as to whether an ‘apartheid-era’ law can be applied to digital money. This could mean that foreign exchange regulations will need to be…

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