South African exchanges welcome the new ‘crypto is financial asset’ ruling

by Aurelia Butler 14 July 2022, 11:40 199 Views

The move to classify cryptocurrencies as financial assets and not currency has been talked about for some time by the South African Reserve Bank (SARB). Deputy governor Kuben Chetty confirmed that the new regulations would take effect over the next year, speaking in an online dialogue on Monday.

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Source: Cryptocurrency - investing.com

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South African exchanges welcome the new ‘crypto is financial asset’ ruling

Tencent shuts down NFT platform as gov policy makes it impossible to thrive

Hyosung America Adds Crypto Functionality for Customers to Buy Bitcoin at Over 175,000 ATMs

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