Moneyweb Crypto Moneyweb Radio

The world financial system is undergoing radical change, and crypto is driving it. Binance's growth story over just seven years is a case study in that evolution, as its SA country manager Hannes Wessels explains.

Bitcoin and ether prices have flat-lined in recent months, but don't be fooled. We are in the year of the bitcoin halving, which has historically been associated with a surge in prices, explains Omer Iqbal, CEO of FiveWest. The real trend to watch in the coming months is the adoption of US dollar stablecoins by mid-sized companies seeking to hedge their offshore exposures.

There are more than 60 000 cryptocurrencies, most of them junk. The team at Riskbloq, headed by founder and CEO Nzwisisa Chidembo, has developed tools to filter out the noise and make sense of more than 3 000 of the more viable projects. This SA-developed toolkit is now getting the attention of serious crypto players around the world.

Law firm Schindlers has set up a tokenised exchange for raising capital and trading real-world assets such as houses, solar power systems and real estate. Maurice Crespi, managing partner at Schindlers Attorneys, says this is a financial revolution with potentially vast implications for traditional stock exchanges.

Bradley Rettler, co-author of a new book called 'Resistance Money' and associate professor of philosophy at the University of Wyoming explains how bitcoin has proven itself as an instrument of freedom against political and economic oppression.

Jashwin Baijoo, head of strategic engagement and compliance at Tax Consulting SA, explains how SA Revenue Services is using AI to zero in on undeclared tax profits, and how the system will only get better with time.