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Financial Advisory and Intermediary Services (FAIS) Act

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints

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South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints
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South African Dispute Resolution Office Says It Now Considers Crypto-Related ComplaintsAccording to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. However, the Office of the FAIS Ombud insisted that all complaints that occurred before crypto assets were designated financial products will […]
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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

South African Financial Sector Regulator Declares Crypto Assets a Financial Product

Bitcoin.com
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
bitcoin.com
South African Financial Sector Regulator Declares Crypto Assets a Financial ProductAccording to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP), such as exchanges, must apply for a license. Declaration Applicable to Any Digital […]
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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

Bitcoin.com
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
bitcoin.com
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s PlanSouth African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services. The firm, however, says the South African Reserve Bank (SARB) “will […]
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Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a 0M ‘Gift to Shareholders’

Microstrategy’s Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M ‘Gift to Shareholders’

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