SARB

Big Changes Coming For How Cryptocurrencies Are Regulated In South Africa

Country News, South Africa / Leave a Comment

    The Financial Sector Conduct Authority (FSCA), which works in collaboration with the South African Reserve Bank (SARB), recently announced that it is establishing a new regulatory framework for cryptocurrencies in South Africa. Both the FSCA and the SARB have been vocal about declaring cryptocurrencies as financial products, and the Prudential Authority division at […]

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Original Article By: https://businesstech.co.za/news/finance/619791/big-changes-coming-for-how-cryptocurrencies-are-regulated-in-south-africa/

Imminent Crypto Regulation in South Africa – Are You Ready?

South Africa / Leave a Comment

  A long period of silence on cryptocurrency regulation in South Africa has finally been broken. South African Reserve Bank (“SARB”) deputy governor, Kuben Naidoo, has now confirmed that new regulations are set to be implemented within the next 12 – 18 months. This development will see South Africa following suit with other countries, such

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Photo Credit: Adobe Stock

Original Article By: https://www.msn.com/en-za/news/other/imminent-crypto-regulation-in-south-africa-are-you-ready/ar-AAZD1WZ

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