Luno’s submission on the cross-border crypto draft questions its consistency with South Africa’s IMF commitments.
Browsing: Marius Reitz
A rand stablecoin built for corporate treasuries has been launched just as Pretoria moves to fence those treasuries off.
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.
Industry warns national treasury’s biggest exchange-control rewrite in 60 years could undo South Africa’s hard-won crypto gains.
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.