Very proud to be enabling cryptocurrency payments at one of South Africa’s top Spar franchises.
At @ezeebit we’re focused on making crypto useful in everyday places — one step closer to mainstream adoption!
More to come soon🚀
Key points from Chairman Paul Atkins’ remarks today at “DeFi and the American Spirit,” SEC’s Crypto Task Force Roundtable on Decentralized Finance – a 🧵
Thrilled to announce our new partnership with @MyiStoreSA !
Crypto payments are now live at select iStore locations, powered by Ezeebit.
A big step toward mainstream adoption—thank you to all involved.
More to come soon!🚀
We are starting to see some funds being moved to https://t.co/L3bNTjN4AU as bridge to convert to BTC: bc1qlu4a33zjspefa3tnq566xszcr0fvwz05ewhqfq
with below transactions:
0x4f5f7ba657bf518d383828183087978b452b99da6cde0c9b94739b8d72a8c5ef
0x1e71b458812c91ce7c49922d9e966ba99cda1a1f017c8dfabb31f560a67ddfcc
0x3ff650d457ce3edba4a05b07d60360bb571f496b0ff506abf77cacbbce04e6b2
0xdc505d2661f8bc9429a4bed354c2ccfefb15013477efd7e6f578c0e37340446a
if you are a bridge, Please help us to block and prevent further conversion to other chains. We are going to release our bounty program very soon to whoever help us to block or trace the fund that result in fund recovery.
The White House released an executive order on digital assets today - it would be difficult to imagine an order more pro-crypto than this one.
In addition to promoting “leadership in digital assets and financial technology while protecting economic liberty” it explicitly prohibits “the establishment, issuance, circulation, and use of a CBDC [central bank digital currency].”
This is a clear “Bitcoin not blockchain” position that stands in stark contrast to the misdirected “blockchain not Bitcoin” stance that many governments and individuals who do not understand this asset class and technology often adopt.
The order protects and promotes the ability of individual citizens and private-sector entities alike “to transact with other persons without unlawful censorship, and to maintain self-custody of digital assets.”
It protects the right to access banking services for the crypto industry.
Most importantly, it sets up a Working Group that “shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile” - the now notorious "Strategic Bitcoin Reserve".
This brings me to South Africa:
South Africa has been a global pioneer in the crypto asset space to date - it has put in place a regulatory framework for the crypto asset industry and has licensed crypto asset service providers in the country. The next step for South Africa is to seriously consider and put in place a strategic Bitcoin reserve of its own.
Time is of the essence here. Make no mistake that the sovereign race to do this has already begun. Those that act quickly will benefit while those that tarry will literally pay the price.
@CyrilRamaphosa@PresidencyZA @TreasuryRSA I speak on behalf of @VALRdotcom, a proudly South African company and leader in the digital asset space in South Africa and the continent at large: We stand ready to serve you.
https://t.co/duMw4YzJgC
From 1988 to 2016, the maker of Sriracha sauce, Huy Fong Foods, sourced all their peppers from a single supplier based solely on a verbal agreement, sealed with a nod and a handshake, not contracts or lawyers.
दीपावलिः अन्धकारस्य नाशाय, ज्ञानस्य विकासाय च अस्तु। सर्वेभ्यः दीपोत्सवस्य शुभाशयाः, यः ह्रदयेषु सुख, शांति, सौहार्दं च प्रकाशयतु।
May this Diwali dispel darkness and bring forth the light of knowledge. Wishing everyone a joyous festival of lights that illuminates hearts with happiness, peace, and harmony.