Barring South African companies from moving crypto assets across the country’s borders will backfire, VALR has warned.
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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.
Faster checkout times are contributing to an enhanced user experience for customers using crypto at Pick n Pay stores.
Pick n Pay customers are buying more than R1-million worth of groceries using crypto monthly, a new report has revealed.
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.