A rand stablecoin built for corporate treasuries has been launched just as Pretoria moves to fence those treasuries off.
Browsing: Farzam Ehsani
Barring South African companies from moving crypto assets across the country’s borders will backfire, VALR has warned.
Draft Reserve Bank and treasury rules would ban companies from moving crypto across the border, in either direction.
Bitcoin survived a 50% drawdown, a quantum scare and Wall Street’s embrace. Now what?
Exchange control rests on a 1960s view of money. It now restricts freedom, not capital flight, writes VALR CEO Farzam Ehsani.
Industry warns national treasury’s biggest exchange-control rewrite in 60 years could undo South Africa’s hard-won crypto gains.
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.









