Industry warns national treasury’s biggest exchange-control rewrite in 60 years could undo South Africa’s hard-won crypto gains.
Browsing: Farzam Ehsani
The South African Reserve Bank has flagged cryptocurrencies as a possible risk to domestic fiscal stability.
Crypto platforms have encouraged traders to embrace the South African Revenue Service’s new disclosure process.
VALR has secured a licence in Poland and is eyeing other jurisdictions in the hopes of taking on some of world’s crypto giants.
Tether CEO Paolo Ardoino has told a VALR webinar that stablecoins are becoming a second-line currency for global trade finance.
Has crypto become a way for wealthy South Africans to move money offshore and get around exchange controls?
Crypto exchange VALR has partnered with technology payments firm Visa to collaborate on payment solutions.
South African crypto exchange VALR has disclosed that it has processed more than $10-billion in trading volume since its launch.
South Africans with a Luno wallet or VALR Pay will soon be able to use bitcoin to buy their groceries.
The Prudential Authority has issued a “guidance note” to local banks saying they should provide banking facilities to crypto exchanges.