The regulatory status quo of cryptocurrency exchanges

The South African cryptocurrency marketplace is currently facing scrutiny and a fair amount of uncertainty as a result of First National Bank (FNB) announcing on 20 November 2019 that they would be shutting down all bank accounts associated with cryptocurrency…

Provided By SchoemanLaw Inc

Crypto assets – Regulators propose a robust regime

For some time now the South African Reserve Bank (SARB) has warned the public against the risks associated with crypto assets and cautioned that there...

by Bridget King

Crypto assets – Regulators propose a robust regime

Consultation paper on crypto assets drawn up

A consultation paper on crypto assets has been released. In a statement, national treasury indicated that the consultation paper is the product of a collaborative effort involving the Financial Intelligence Centre, Financial Sector Conduct Authority, South…

Provided By Sabinet