Capitec Bank Holdings Ltd. $CPI.JO, the largest bank in South Africa by number of clients, has shown impressive financial results significantly surpassing analysts' expectations. The record growth in net profit and the announcement of increased dividends mark important events in the country’s financial sector. As of February 28, Capitec Bank's net profit reached 13.7 billion rand (approximately $740 million), representing a 30% increase compared to the previous year’s figure of 10.6 billion rand.

In recent years, cryptocurrencies have become a hot topic in the financial world, causing quite a stir among regulators. However, a new policy from the Federal Deposit Insurance Corporation (FDIC) in the USA promises to change the dynamic of banks' interaction with these digital assets.

Recent changes in the regulation of banking activities related to cryptocurrencies raise important questions in the field of financial technology and its impact on the financial system. The Federal Deposit Insurance Corporation (FDIC) has announced that banks under its supervision no longer need prior approval to engage in activities involving crypto assets and digital assets. This marks a reversal of the policy established during the Biden administration, which aimed to minimize risks for both banks and their customers.