Disclaimer: The data introduced on this article is sponsored/launched/paid content material, meant for promotional functions solely. Readers are suggested to train warning and conduct their very own analysis earlier than taking any motion associated to the contents of this web page or the Firm. Coin Version is just not answerable for any loss or harm incurred because of or in reference to using the content material, services or products talked about.
Cape City, South Africa – On 11 October 2024, DHL Stadium will host Crypto Fest 2024, probably the most anticipated South African Web3 occasions of the yr. This occasion will spotlight the adoption of Bitcoin, encrypted funds, and the rising regulatory panorama in Africa, highlighting each the advantages and challenges of utilizing cryptocurrency for funds.
Don't miss this thrilling occasion, tickets are promoting out rapidly! Browse the ticket choices beneath and reserve your house on-line by way of Quicket:
Day 1: Networking Day – Cape City Metropolis Tour: R2900
Day 2: Normal entry to the Predominant Occasion: R580
Day 2: VIP ticket for the Predominant Occasion: R1900
Day 3: Networking Day – Cape City Wine Tour: R2500
Adoption of Bitcoin: a recreation changer for Africa
Africa is rapidly turning into one of many quickest rising areas for cryptocurrency adoption. Current stories point out that the African crypto market grew by over 1,200% between 2020 and 2021, and international locations like Nigeria, Kenya, and South Africa are main the way in which in Bitcoin utilization .
Whereas monetary inclusion stays a major problem on the African continent, Bitcoin presents a possible resolution by offering larger accessibility and considerably decrease transaction prices in comparison with conventional monetary companies. A key theme of this yr's discussions can be how neighborhood actions advance standard adoption of Bitcoin.
Native organizations resembling Bitcoin Ekasi in South Africa play a central position in educating the underbanked and selling monetary inclusion, notably in rural areas. Hermann Vivier, Founder and Chairman of Bitcoin Ekasi, will share his concepts on creating a Bitcoin round economic system in a South African township, demonstrating sensible functions of Bitcoin for native communities.
Moreover, Carel van Wyk, co-founder and CEO of MoneyBadger, will focus on a serious matter improvement in South Africa’s retail and cryptocurrency house: Choose n Pay, one of many largest retailers within the nation, has adopted Bitcoin as a fee methodology utilizing the MoneyBadger platform. This adoption marks a major milestone, highlighting the mixing of Bitcoin into each day transactions and retail operations throughout the nation.
Crypto Funds: The Newest Improvements and Revolutionary Developments
One other spotlight of the occasion would be the panel on crypto fundsspecializing in improvements which are driving the adoption of crypto funds in world and native markets. One of the vital essential developments on this space has been the rise of stablecoins. With over $2 billion in month-to-month crypto transactions in Africa, stablecoins provide an answer to the volatility generally related to cryptocurrencies.
By sustaining a steady worth, these digital belongings allow seamless worldwide funds, particularly in rising markets the place native currencies are sometimes unstable. Along with facilitating cross-border transactions, USD-pegged stablecoins present a secure haven for these trying to protect their arduous forex financial savings, offering safety towards depreciation and inflation – a standard concern in lots of African economies .
Compliance and Regulation in South Africa
South Africa has launched laws for crypto asset service suppliers (CASPs), marking a major milestone within the nation's monetary panorama. A devoted panel will discover compliance and regulatory developments impacting the crypto house.specializing in how new South African laws are shaping the way forward for PSAPs, exchanges and fintech firms.
The dialogue will present perception into how regulatory readability is encouraging extra companies to enter the crypto house, whereas addressing challenges associated to AML/KYC protocols and client safety.
Be part of the dialog at Crypto Fest 2024
Crypto Fest 2024 will convey collectively thought leaders, innovators and trade specialists to debate how cryptocurrencies are reworking the African monetary panorama.
Don’t miss this chance to hitch the dialog.
Tickets
A wide range of tickets at the moment are obtainable on the occasion web site right here.
For extra data on Bitcoin and different occasions, go to the web site right here.
Media contact
For media inquiries, please contact:
Nazley Swartz
E-mail: (electronic mail protected)
About Bitcoin Occasions:
Over the course of a decade, Bitcoin Occasions is proud to be the pioneering occasions firm in Africa devoted solely to the areas of crypto, blockchain and Web3 applied sciences. Welcoming over 17,500 attendees from 165 international locations, we linked with esteemed people and respected firms main the cost within the blockchain house.
With our appreciable affect, Bitcoin Occasions stays dedicated to empowering Africa by way of our world-class occasions, thereby advancing the area's blockchain ecosystem.
Observe Bitcoin occasions:
Twitter: @BlockchainZA
Fb: BitcoinEventsZA
LinkedIn: Bitcoin Occasions
