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The narrowing crypto arbitrage gap is a 'passing phase'

MONEYWEB LIVESTREAM The narrowing crypto arbitrage gap is a ‘passing phase’ Reasons cited for the dwindling gap range from the Africrypt ‘hack’ to the general slump in crypto prices. 00:01  Crypto prices in SA are likely to remain at a premium as long as exchange control regulations that limit their supply into the country are in place. Image: AdobeStock There’s no doubt that crypto arbitrage has become a booming business in SA, attracting a growing number of pro...
South Africa New Zealand South African Chris Harmse Andrew Droussiotis Farzam Ehsani

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Paxful convenes weeklong global virtual conference to mark 6th anniversary

.Celebration targets over 2.5m African users Paxful, the leading global peer-to-peer fintech in celebration of sixth-year anniversary hosted a weeklong virtual event around the globe. The conference began from 12 to 16 July, 2021. The event featured reputable speakers across Africa, like Farzam Ehsani, Founder and Chief Executive Officer (CEO), VALR (South Africa); Philip Asare, Founder, Blockchain Foundation Africa, and CEO at BTCGhana (Ghana); Ugochukwu Aronu, Founder and CEO, Xend Finance ...
South Africa Victor Asemota Ugochukwu Aronu King Bawa Ray Youssef Paxful Youtube

Sars wants customer info from SA's top crypto exchanges

Moneyweb The three largest crypto exchanges in the country say they have been approached by Sars for information on a selection of customers. Cryptocurrency platforms are not yet required to provide customers with tax certificates. Photo: iStock SA’s three largest crypto exchanges – AltCoinTrader, Luno, and VALR – say they have been approached by the SA R...
Farzam Ehsani Marius Reitz Tax Administration Sa Revenue Service Sars Tax Administration Act Richard De Sousa

The lesson from current crypto carnage: 'Short-term traders must be careful'

The lesson from current crypto carnage: Short-term traders must be careful 19 May 2021 7:00 PM Share This: In the last 24 hours we saw liquidation of $8.6 billion just in Bitcoin! Bruce Whitfield interviews Farzam Ehsani (VALR.com CEO) The cryptocurrency market is known for its extreme volatility. But investors are reeling at the latest fall in crypto, led by Bitcoin. © Wit Olszewski/123rf.com  The rout was prompted by Chinas announcement that the country wont accept digital coins as a fo...
South Africa Elon Musk Farzam Ehsani Bruce Whitfield காயங்கள் வைட்ஃபீல்ட்

Elon Musk causes panic rush for exit door by bitcoin newcomers

MONEYWEB app instead? But old-timers have seen this movie before and are going nowhere. 00:01  The ‘twar’ between Musk and Bitcoiners is a setback, but it’s not the end, says BitFund’s Dean Joffe. Image: Bloomberg Bitcoin is down 26% this week as Elon Musk went to war with the bitcoin crowd over his disapproval of the cryptocurrency’s energy consumption, and decided to reverse his earlier decision to allow purchases of Tesla cars in bitcoin. Musk became an object o...
Elon Musk Bitcoin Hodlers Jackson Palmer Farzam Ehsani Richard De Sousa Dean Joffe

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