WebIn 2024, IFWG members launched the Crypto Asset Regulatory Work Group (CAR WG) to help RSA regulators “formulate a coherent and comprehensive policy stance on crypto … WebSouth Africa and Cryptocurrency. Even though there is no single piece of legislation that regulates crypto-assets in South Africa, there are various statutes that impose legal obligations on their holders, including the Income Tax Act of 1962 and the Exchange Control Regulations of 1961, which references the Currency and Exchanges Act of 1933. [1]
Position paper on crypto assets 1 IFWG, CAR WG - FIC
Web6 jul. 2024 · Bitcoin crackdown in South Africa — what you should know. Jan Vermeulen 6 July 2024. The Intergovernmental Fintech Working Group (IFWG) published its position paper on crypto assets earlier this ... WebThe South African Intergovernmental FinTech Working Group (IFWG) released its consultation paper on policy proposals for crypto assets and requested members of the … recepty cottage
South Africa Regulatory Body, IFWG, Highlights the Potential …
Web22 jun. 2024 · The recently published Crypto Asset Policy Paper lays out the types of crypto asset service providers that will be subjected to regulatory oversight and how they will be supervised On 11 June 2024, the Inter-governmental Fintech Working Group (IFWG) published its long-awaited Crypto Asset Policy Paper. It shows the IFWG is officially … Web20 jun. 2024 · A position paper recently published by the Intergovernmental Fintech Working Group (IFWG) confirms that initial steps taken towards regulating the crypto space in 2014 will now be firmed up. The ... Web11 feb. 2024 · The IFWG’s latest recommendation follows on from its previous position paper (published in April 2024) where the IFWG considered the use of crypto assets in derivative products as well as the Financial Sector Conduct Authority’s (FSCA) draft declaration (published on 20 November 2024) which set out the proposed regulatory … unleash archers