FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through a mutually agreed upon solution between … Read more

South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will … Read more

Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework

South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that … Read more

Sygnia Plans to Launch a Cryptocurrency Exchange in South Africa

South Africa is quickly positioning itself as a go-to hub for cryptocurrency trading. To do so properly, new infrastructure will need to be launched. Sygnia, a well-known asset management company, is apparently looking to enter the cryptocurrency trading ecosystem. Its new venture is scheduled to launch in Q3 of this year. SygniaCoin is Worth Keeping an … Read more

South African Asset Management Firm, Sygnia, to Open Crypto Exchange

Johannesburg-based investment management company, Sygnia Ltd., has announced its intention to launch a cryptocurrency exchange, Sygniacoin – which is expected to launch in the third quarter of 2018. Also Read: BTCC to Launch New Exchange Platform in June South African Wealth Management Firm to Launch Cryptocurrency Exchange Next Quarter South African investment management firm, Sygnia, has … Read more