Industry warns national treasury’s biggest exchange-control rewrite in 60 years could undo South Africa’s hard-won crypto gains.
Browsing: Marius Reitz
The countries that will benefit most from digital assets will be those that regulate them clearly, fairly and with confidence.
Regulators must work to position South Africa as a competitive player in the fast-evolving world of crypto.
The Advertising Regulatory Board is adding a new clause to the Code of Advertising Practice that deals with cryptocurrency products.
Luno is looking for a foothold in the US, the latest international platform to try and tap one of the world’s biggest populations of digital-asset investors.
Marius Reitz, Luno’s GM for Africa, provides an overview of some of the important milestones in the cryptocurrency space in 2021.
South Africa is moving with more urgency to stiffen oversight of cryptocurrency assets after a proliferation of scams.
South Africa’s three largest cryptocurrency exchanges say they have been approached by the South African Revenue Service as part of a tax risk assessment exercise on residents.
A Financial Sector Conduct Authority health warning on cryptos comes amid a flood of complaints from investors who lost money or were scammed, says head of enforcement at the regulatory body, Brandon Topham.
Cryptocurrency exchange Luno, previously backed by Naspers but now owned by Digital Currency Group, has launched a savings wallet, offering customers interest of up to 4%/year on their bitcoin holdings.