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The crypto trading industry has developed significantly over the past few years, driven by the growing popularity and adoption of cryptocurrencies. The development of more sophisticated trading platforms, the use of blockchain technology, and the integration of cryptocurrencies into other industries have opened up new revenue streams and provided customers with more flexible payment options. As the industry continues to grow and shine, it creates many new opportunities for people who own crypto assets and trades with them.
Africa has an estimated 1.3 million traders with South Africa being the market leader in the continent in daily forex trading volume. This article explores the future of the crypto and forex markets in South Africa. We will consider the regulatory framework, market trends, causes of the growth of the market and future speculation.