The high court judgment reset the legal definition of crypto when it held that cryptocurrency is both ‘money’ and ‘capital’.

The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued by the ...

Cryptocurrencies are not subject to South African exchange control regulations, according to a recent Pretoria High Court case brought by Standard Bank against the South African Reserve Bank (Sarb).

This article is further to my previous ones titled "Overview of Exchange Control Regulations", "Key Exchange Control Regulations on Exports", "Key Exchange Control Regulations on Imports" and ...

The South Gauteng High Court has ruled that Bitcoin is both capital and money under South Africa's exchange control regulations, a decision that could reshape the landscape for cryptocurrency ...

A new order has been issued by the government under Foreign Exchange Act to preserve the Foreign Exchange Position of Sri Lanka in addition to ongoing import controls. The Minister of Finance with the ...

It took the South Africa Reserve Bank (Sarb) just two weeks to appeal a legal loophole that would allow unlimited funds to leave the country using cryptocurrencies. On Monday, it filed an appeal ...

As background, the Minister of Finance announced in the 2020 Medium Term Budget Policy Statement that the prohibition on "loop" structures for exchange control purposes would be relaxed. As a result, ...

This article is further to the one I wrote on 27 May 2021 titled "Overview of Exchange Control Regulations" and another of June 3, 2021 titled "Key Exchange Control Regulations on Exports". In former ...

A South African High Court decision in 2004, Couve and another v Reddot International (Pty) Limited and others, introduced exchange control requirements for the assignment of IP rights to foreign ...

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