south african reserve bank (sarb)

  1. Jan

    FSCA warns South Africans against using Binance

    South Africans warned against buying Bitcoin from the biggest exchange in the world The Financial Sector Conduct Authority (FSCA) warns the public to be cautious and vigilant when dealing with Binance Group. In a statement issued on Friday, the FSCA said that Binance is not authorised to give...
  2. Jan

    Project Dunbar - South African CBDC in global digital currency test

    E-rand for South Africa in global digital currency test — codenamed Project Dunbar The Bank for International Settlements (BIS) will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an experiment that could lead to a more efficient global...
  3. Jan

    Reason for Tito Mboweni's exit is bad news for South Africa - Dawie Roodt

    Dawie Roodt predicted Tito Mboweni's exit — here is what else he said Efficient Group chief economist Dawie Roodt has accurately predicted the exit of former finance minister Tito Mboweni, and the reason for his exit is not good news for South Africa. Last year, Roodt said the ANC’s main...
  4. Jan

    Digital rand - CBDC for South Africa

    E-rand for South Africa The South African Reserve Bank (SARB) is busy investigating creating a digital rand that consumers can use to make payments. “The SARB, like many other central banks, has embarked on a central bank digital currency (CBDC) feasibility study,” said SARB governor Lesetja...
  5. Jan

    FNB blocks credit card purchases of cryptocurrency from offshore exchanges

    FNB blocks Bitcoin credit card purchases from overseas First National Bank (FNB) has started blocking its clients from buying cryptocurrency with their credit cards from overseas exchanges. One MyBroadband reader said that they tried to purchase a small amount of cryptocurrency through Binance...
  6. 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...
  7. Jan

    All Bitcoin transfers out of South Africa is a crime, even from your own wallet - Reserve Bank

    Moving Bitcoin overseas from your wallet in South Africa a crime — Reserve Bank Transferring Bitcoin from anywhere in South Africa, even your own wallet, to an offshore exchange or other crypto asset service provider is a crime. This was the South African Reserve Bank (SARB) clarification to...
  8. L

    Reserve Bank Approval

    Hi Guys I've just registered a new company here in SA. I would like to bring on 2 new shareholders each taking 25% of my company. They are both foreign (Swiss and German) and would be providing me with start-up capital. They reside in Germany and Switzerland and have no intention of moving to...
  9. Kevin Lancaster

    Shuttleworth R250 million to fight SA government in concourt

    Shuttleworth R250 million to fight SA government in concourt South African IT billionaire Mark Shuttleworth says he intends to put a sum of R250 million into a trust to address constitutional rights of African citizens
  10. Kevin Lancaster

    Shuttleworth to fight R250 million SARB levy in court

    Shuttleworth to fight R250 million SARB levy in court The Supreme Court of Appeal is expected to hear an appeal by billionaire businessman Mark Shuttleworth against a R250 million levy imposed by the SA Reserve Bank
  11. QuintonB

    dotAfrica domain launch expected September

    dotAfrica launch delayed The ZA Central Registry has announced the expected launch dates of the new .africa domain