Cryptocurrency: News, Guides & Africa Updates

Crypto moves fast. Prices spike, regulations change, and new scams pop up overnight. If you want useful updates on Bitcoin, altcoins, blockchain projects and what it means for Africa, this tag is where we collect the most relevant stories and how-to tips.

Here you’ll find short, clear news summaries and practical guides. We focus on what affects everyday users: how to buy crypto with local currency, how regulators in African countries are reacting, which projects aim to solve real problems, and which risks to avoid. No hype — just the facts that matter to your wallet and security.

Quick Safety Checklist

Security should be your first priority. Start with these steps: use a reputable exchange, enable two-factor authentication (2FA), keep your private keys offline if you can, and never share seed phrases. Watch for phishing sites and always double-check URLs. If an investment promise sounds too good, it probably is.

We also track common scams in the region — fake giveaways, clone exchanges, and pump-and-dump schemes. When you see a new coin or influencer-driven hype, pause and search for independent coverage. Our tag will highlight scams and explain how they work so you can spot them early.

How to Buy Crypto in South Africa (3 Simple Steps)

Buying crypto locally is straightforward if you follow a few rules. First, pick an exchange that accepts South African rand or your local currency and is known for basic compliance. Second, set up your account with KYC (ID check), enable 2FA, and fund your wallet by bank transfer. Third, buy a small amount first to test withdrawals and fees. Keep records of transactions for taxes.

Want a safer option for long-term storage? Move larger holdings to a hardware wallet or a secure non-custodial wallet. For smaller amounts or active trading, a trusted exchange wallet is fine, but treat it like cash — don’t leave everything online.

We also explain common concepts in plain language: what a blockchain is, the difference between proof-of-work and proof-of-stake, what NFTs actually represent, and how stablecoins work. Expect short explainers that make these ideas usable, not academic.

On the policy side, we track regulation across Africa — how tax rules affect traders, whether central banks are cracking down, and which countries are experimenting with central bank digital currencies (CBDCs). These developments often change how easy or risky it is to use crypto in a given country.

Want alerts? Bookmark this tag and check back daily. We update with breaking news, clear guides, and practical tips so you can act quickly and safely. Got a question or a tip? Send it our way — we read every message and use them to shape stories that help real users in Africa and beyond.

By Lesego Lehari, 5 Jun, 2025 / Business

China’s Crypto Standoff: Rumors, Digital Yuan Push, and the Shadow of Legal Reform

China’s cryptocurrency policy is fueling fierce debate, as rumors swirl about new restrictions amid economic worries. The government restricts crypto trading while promoting the digital yuan, with legal recognition for private cryptocurrencies still unclear. Neighboring South Korea is luring crypto business with friendlier policies.