The SA Crypto podcast brings you news from Crypto industry experts in South Africa and around the world, as well as weekly market round-ups.
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Richard de Sousa Talks About Ferris Cars Selling a Ferrari for Bitcoin
Ferris Cars in Gauteng, South Africa recently held a high profile event whereby a client purchased a Ferrari for 2.3 BTC.
AltcoinTrader were instrumental in helping Ferris Cars accept Bitcoin as payment, and we spoke with the exchange's CEO Richard de Sousa about the landmark sale, and what it means for crypto adoption.
AltCoinTrader To Slash Fees And List DOT, PLUS Offer Crypto Loans
In huge news for South Africa's crypto industry, AltCoinTrader have announced that they will slash their trading fees by over a third from 0.375% down to 0.1% - but in addition, will also be listing PolkaDot's native coin, DOT.
We spoke with their CEO Richard de Sousa about the big news to get the full low down of everything that's happening.
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RSA Exchanges Comment On FSCA Making Crypto A Financial Product
South Africa's Financial Sector Conduct Authority (FSCA) released a statement today that they intend to declare cryptoassets "financial products" in early 2021. The declaration would come under South Africa's Financial Advisory and Intermediary Services Act (FAIS).
The FSCA did not state exactly when the declaration would come into effect, but the authority have invited interested members of the public to submit their comments to the office before 28 January 2021, indicating a likely declaration in late Q1 or early Q2 2021.
Richard de Sousa (AltCoinTrader), Marius Reitz (Luno), and Farzam Ehsani (VALR) gave us comment.
Analysis #52: Bitcoin and ETH Now Looking Super Bullish! But Short-Term Pull Back?
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IN THIS EDITION we look at the recent massive break to the upside, and what the short-term holds, while also eyeing some serious potential on the ETH chart - not before a cool off likely happens first though! //
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Richard de Sousa Takes On ABSA In David and Goliath Battle
As reported here: https://globalcrypto.tv/south-africas-altcointrader-opposes-absa-in-court-interdict/
Global Crypto has learned of a developing David and Goliath scenario in the South African crypto industry, wherein crypto exchange AltCoinTrader appear to be taking on banking giant ABSA Bank in the country’s High Court.
According to sources, AltCoinTrader were served with a notice from MyGate Communications (Pty) Ltd received by the exchange last week Tuesday 01 September 2020. The notice informed the exchange that their QR code payment gateway service would cease to serve AltCoinTrader with immediate effect.
MyGate’s “Zapper” product is one of South Africa’s largest QR code payment gateway service providers, and according to our source, AltCoinTrader is among their top 5 clients by payment volume.
Global Crypto reached out to the company’s CEO, Richard de Sousa who confirmed the information - this interview provides de Sousa's comments.
Farzam Ehsani, VALR CEO, talks about the investment from 100x (BitMEX Holding group)
In case you haven't heard, VALR have just announced a Series A funding round whereby they raised $3.4 million. And part of that Series A was made up of the 100x Group, who are the holding company of BitMEX - yes... THE BitMEX.
We had to get in touch with VALR's CEO Farzam Ehsani to find out more!
The content posted here is far more objective than other podcasts I've listened to. Recommended!