VALR, Luno, AltCoinTrader and EasyEquities have joined a coalition fighting treasury’s proposed cross-border crypto ban.
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The Bank has told TechCentral it is still engaging on crypto assets, including stablecoins, as an industry campaign builds.
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.
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.