South African rand (ZAR) is garnering considerable attention in the global cryptocurrency market. The digital coin exchange
Bitget recently enabled ZAR deposits and withdrawals via Callpay, signifying a move to deepen its reach in the African market. Moreover, South Africa is rumored to tokenize its famous
Krugerrands collection as the country continues to adopt and normalize cryptocurrency practices. The ZAR, however, faced fluctuations against the strong dollar, yet still managed to attract further investment. To strengthen its foothold, Binance increased its support for trading with ZAR by extending its zero-fee promo to South Africa. South African firm Fractional, went a step further by fractionalizing rare ZAR proof coins into
NFTs (Non-Fungible Tokens). At the same time, regulations around cryptocurrencies in South Africa are evolving, as witnessed by the licensing of AltCoinTrader by the FCSA. The widely embraced blockchain technology and increasing interest in cryptocurrencies hints at the potential growth of ZAR coin. This lies in parallel with speculations about
Old Mutual supporting a rand-backed crypto stablecoin and the broader international expansion and adoption of crypto for trading.
ZAR Coin News Analytics from Sun, 02 Sep 2012 07:00:00 GMT to Wed, 26 Feb 2025 07:30:06 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -3
