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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time.

Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of […] origin »

Crypto app Osom unveils new stablecoin yield aggregator tool.

Osom Finance, an automated crypto app, today announced the launch of OSOM DeFi Earn, a one-click yield aggregator allowing users to generate passive, predictable income. DeFi Earn aggregates the best and most reliable stablecoin lending pools into a single intuitive user interface from an EU-regulated service provider. origin »

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