The South Gauteng High Court has ruled that Bitcoin is both capital and money under South Africa's exchange control ...
Wilson J's recent judgment clarifies the status of Bitcoin under South African exchange control regulations, declaring it ...
Cryptocurrencies are not subject to South African exchange control regulations, according to a recent Pretoria High Court case brought by Standard Bank against the South African Reserve Bank (Sarb).
JOHANNESBURG, April 27 (Reuters) - South Africa has proposed a sweeping overhaul of its decades-old rules governing money flows, including tightening its control on crypto assets, seeking to bolster ...
This article is further to my previous ones titled "Overview of Exchange Control Regulations", "Key Exchange Control Regulations on Exports", "Key Exchange Control Regulations on Imports" and ...
As background, the Minister of Finance announced in the 2020 Medium Term Budget Policy Statement that the prohibition on "loop" structures for exchange control purposes would be relaxed. As a result, ...
The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued by the ...
Some South African natural persons have leveraged cryptocurrency arbitrage opportunities using their R1m single discretionary allowance (SDA) and R10m foreign investment allowance (FIA). These ...
This article is further to the one I wrote on 27 May 2021 titled "Overview of Exchange Control Regulations" and another of June 3, 2021 titled "Key Exchange Control Regulations on Exports". In former ...
A new order has been issued by the government under Foreign Exchange Act to preserve the Foreign Exchange Position of Sri Lanka in addition to ongoing import controls. The Minister of Finance with the ...
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