Discovery Bank Becomes First Major South African Bank to Offer In-App Crypto Trading

BNP Paribas is among ten European banks that formed Qivalis in the Netherlands to issue a euro-backed stablecoin, aiming to deliver a regulated digital euro payment solution.

Bolivia’s Economy Minister José Gabriel Espinoza announced the integration of stablecoins into the country’s banking system, part of a broader plan to modernize the national economy. The move would make Bolivia one of the first countries to embed crypto-based payment tools directly into traditional financial services.

The South African Reserve Bank has placed crypto assets and stablecoins into a new, closely monitored structural risk category after a sharp rise in domestic adoption. The move signals heightened oversight and the likelihood of tighter rules for banks, exchanges and issuers.

The South African Reserve Bank says there is no urgent case for a retail central bank digital currency and recommends prioritizing wholesale and cross-border CBDC work instead. The conclusion comes in a report released on Nov. 27, 2025.

South Africa’s Reserve Bank has warned that rising adoption of digital assets, particularly stablecoins, could threaten financial stability. Regulators may step up monitoring and consider tighter rules as risks around backing, liquidity and cross‑border flows grow.