Tag Archives: SARB

[ad_2][ad_1] The South African Reserve Bank (SARB) has recently declared that it will take a more tactical and rigorous approach to the cryptocurrency sector. Issued as a consultation document, the national bank outlines the risks and benefits of cryptocurrency and explains how changes will be made in order to reduce …

[ad_2][ad_1] In South Africa, the government has just published a consultation document focusing on cryptocurrency regulations. According to the South African Reserve Bank (SARB), there are both risks and benefits related to cryptocurrencies. In the document, the cryptocurrency is defined with a focus on its digital nature:"Cryptographic resources are digital …

[ad_2][ad_1] The version of the SARB document presents recommendations regarding policy proposals to participants in the current sector. Furthermore, it offers an overview of the prevalent risks and benefits related to digital resources. Until February 15, 2019, they made this document open for the collection of comments from the public. …