Browsing: South African Reserve Bank

VALR, Luno, AltCoinTrader and EasyEquities have joined a coalition fighting treasury’s proposed cross-border crypto ban.

The Bank has told TechCentral it is still engaging on crypto assets, including stablecoins, as an industry campaign builds.

Reserve Bank governor Lesetja Kganyago signals a payments bill that will treat fintechs like banks on like activities.

The banks cannot reach South Africa’s R197-billion informal retail market. Three other contenders think they can.

Crypto arbitrage firm Kastelo says every client watched a compulsory video and signed a mandate before any offshore trade.

Headline inflation slowed to 4.3% in July, ending four months of acceleration – and beating market expectations.

Brics nations are discussing potential linkages between their fast payment systems and central bank digital currencies.

The rules meant to stop capital leaving have accelerated it, says the co-founder of the country’s first rand stablecoin.

The Competition Commission has recommended approval of Capitec’s R400-million Walletdoc acquisition subject to conditions.

Barring South African companies from moving crypto assets across the country’s borders will backfire, VALR has warned.