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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News

Summary by Ground News
SARB expects to have a cryptocurrency regulatory framework in place by the end of 2023. Deputy governor of the SARB, Kuben Naidoo, recently said the institution had revised its stance on cryptocurrencies. He said the use of crypto in money laundering and other illicit activities is a source of concern.
5 months ago

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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News

The South African Reserve Bank (SARB) expects to have a cryptocurrency regulatory framework in place in 12 to 18 months' time.

5 months ago
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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News

Terence Zimwara 2022-07-15 05:30:34 news.bitcoin.com The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency…

5 months ago
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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News - DailyCrypto

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end of 2023. A Safer Crypto Ecosystem […]

5 months ago
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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News – Investing NewsEverything

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to

5 months ago
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South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News Source link

5 months ago
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The Central Bank of South Africa Now views Cryptocurrencies as Financial Assets - CoinCodeCap

In a reversal of its prior position, South Africa's Central Bank [SARB] has opted to include cryptocurrency within its regulatory jurisdiction. The apex bank has changed its mind about regulating cryptocurrency as a financial instrument.

5 months ago
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