South African Reserve Bank

South Africa: Digital assets not subject to forex controls

Business

Steve Kaaru

30 May, 2025

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’

Business

Steve Kaaru

30 January, 2025

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

Business

Steve Kaaru

2 March, 2023

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

Business

Wahid Pessarlay

24 August, 2022

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

Business

Steve Kaaru

16 April, 2022

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

Business

Steve Kaaru

4 September, 2021

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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Steve Kaaru

30 Jun 2025

South African Reserve Bank

South Africa: Digital assets not subject to forex controls

South African Reserve Bank gov hits out at US ‘crypto regulatory capture’

FATF adds Nigeria, South Africa to dirty money grey list

South African Reserve Bank promotes digital assets-friendly behavior from financial institutions

South Africa completes second phase of wholesale CBDC trials

Bitcoin not a currency? South African central bank governor thinks so

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