
South African Reserve Bank
South Africa: Digital assets not subject to forex controls
In a case pitting South Africa’s largest bank against the central bank, a court ruled that digital assets are not...
South African Reserve Bank gov hits out at US ‘crypto regulatory capture’
Lesetja Kganyago warned that the push by ‘crypto bros’ to have pro-crypto leaders is a thinly veiled attempt to skirt...
FATF adds Nigeria, South Africa to dirty money grey list
FATF says Africa’s two largest economies must do better to fight money laundering, with both countries decrying the listing as...
South African Reserve Bank promotes digital assets-friendly behavior from financial institutions
The Prudential Authority, the arm of the SARB that oversees financial institutions, urges banks to adopt a risk assessment approach...
South Africa completes second phase of wholesale CBDC trials
Project Khokha 2 involved the country’s top banks, which experimented on a wCBDC for interbank payments settlement, but SARB says...
Bitcoin not a currency? South African central bank governor thinks so
The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency...
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