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3232Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market
https://www.digit.info/valr-becomes-latest-south-african-exchange-to-exit-crypto-arbitrage-market/
Fri, 04 Feb 2022 06:30:54 +0000https://www.digit.info/2022/02/04/valr-becomes-latest-south-african-exchange-to-exit-crypto-arbitrage-market/Read more]]>Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first exchanges to announce its exit from the […]
]]>Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
https://www.digit.info/report-tweaks-to-south-african-tax-filing-system-to-result-in-decreased-crypto-arbitrage/
Sat, 17 Jul 2021 06:00:36 +0000https://www.digit.info/2021/07/17/report-tweaks-to-south-african-tax-filing-system-to-result-in-decreased-crypto-arbitrage/Read more]]>Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. As a consequence of these tweaks, crypto arbitrage traders are now forced to make a new application each they need […]
]]>South African Regulator Apologizes to Crypto Firm After Issuing Then Withdrawing a Warning in Less Than 24 Hours
https://www.digit.info/south-african-regulator-apologizes-to-crypto-firm-after-issuing-then-withdrawing-a-warning-in-less-than-24-hours/
Sun, 09 May 2021 02:00:30 +0000https://www.digit.info/2021/05/09/south-african-regulator-apologizes-to-crypto-firm-after-issuing-then-withdrawing-a-warning-in-less-than-24-hours/Read more]]>South Africa’s Financial Sector Conduct Authority (FSCA) has apologized to a Cape Town-based crypto start, Ovex, less than 24 hours after warning that the firm was operating outside the law. Ovex Does Not Require Licence From FSCA In its May 7 retraction, the financial watchdog said the findings of an investigation into Ovex, which specializes […]
Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first exchanges to announce its exit from the […]
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. As a consequence of these tweaks, crypto arbitrage traders are now forced to make a new application each they need […]
South Africa’s Financial Sector Conduct Authority (FSCA) has apologized to a Cape Town-based crypto start, Ovex, less than 24 hours after warning that the firm was operating outside the law. Ovex Does Not Require Licence From FSCA In its May 7 retraction, the financial watchdog said the findings of an investigation into Ovex, which specializes […]