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3232South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints
https://www.digit.info/south-african-dispute-resolution-office-says-it-now-considers-crypto-related-complaints/
Tue, 24 Jan 2023 12:30:03 +0000https://www.digit.info/2023/01/24/south-african-dispute-resolution-office-says-it-now-considers-crypto-related-complaints/Read more]]>According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will […]
]]>South African Financial Sector Regulator Declares Crypto Assets a Financial Product
https://www.digit.info/south-african-financial-sector-regulator-declares-crypto-assets-a-financial-product/
Thu, 20 Oct 2022 07:30:41 +0000https://www.digit.info/2022/10/20/south-african-financial-sector-regulator-declares-crypto-assets-a-financial-product/Read more]]>According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP), such as exchanges, must apply for a license. Declaration Applicable to Any Digital […]
]]>South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
https://www.digit.info/south-african-crypto-investors-and-service-providers-told-of-legal-and-tax-implications-of-central-banks-plan/
Sun, 17 Jul 2022 10:20:21 +0000https://www.digit.info/2022/07/17/south-african-crypto-investors-and-service-providers-told-of-legal-and-tax-implications-of-central-banks-plan/Read more]]>South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services. The firm, however, says the South African Reserve Bank (SARB) “will […]
According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will […]
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP), such as exchanges, must apply for a license. Declaration Applicable to Any Digital […]
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services. The firm, however, says the South African Reserve Bank (SARB) “will […]