intergovernmental fintech working group (ifwg)

  1. Jan

    Building regulatory sandboxes and not sand houses - Sifiso Skenjana column

    South Africa must build regulatory sandboxes, not sand houses — including Icasa As we head get into the February busy season with both the State of the Nation Address as well as the Budget Speech later in the month, all eyes will be both on President Ramaphosa and Finance Minister Enoch...
  2. Jan

    Treasury says it wants to crack down on crypto mining

    South Africa to crack down on cryptocurrency miners and stablecoins National Treasury is exploring measures to regulate electricity-intensive cryptocurrency mining in South Africa. In the 2022 Budget Review published this week, Treasury said that crypto mining is environmentally harmful.
  3. Jan

    Luno and Revix on what to expect from the cryptocurrency sector in South Africa in 2022

    What to expect from cryptocurrency in 2022— including new regulations in South Africa The cryptocurrency market had a turbulent year in 2021 and financial markets, in general, had a rough start in 2022, but exchange and wallet provider Luno believes the crypto market will keep its upward...
  4. Jan

    Luno believes South Africa will have crypto regulations before the end of 2022

    Cryptocurrency regulation coming for South Africa — when to expect it Cryptocurrency exchange Luno believes regulation for the burgeoning digital asset space is imminent in South Africa. “Globally, we have seen moves to regulate crypto, and we anticipate the introduction of a clear South...
  5. Jan

    Cryptocurrency crackdown in South Africa - everything SARB, FinSurv, and IFWG said so far

    Bitcoin crackdown in South Africa — what you should know The Intergovernmental Fintech Working Group (IFWG) published its position paper on crypto assets earlier this month, promising to bring cryptocurrencies into the South African regulatory purview in a phased and structured manner...
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