Cracking Down or Catching Up? South Africa’s Approach to Crypto Regulation: Part 1 – Payments

Crypto assets (“crypto“) exist in a unique regulatory space. Unlike traditional currency, crypto is not issued by central banks. Crypto can however be used in similar ways to traditional currency: they can be traded, used for payments, investing, security or capital raising. No single law governs cr…

https://www.polity.org.za/article/cracking-down-or-catching-up-south-africas-approach-to-crypto-regulation-part-1-payments-2025-07-04

Cryptocurrency and Exchange Control: The Legal Implications of Standard Bank of South Africa v South African Reserve Bank and Others

In a groundbreaking decision handed down on 15 May 2025 in Standard Bank of South Africa v South African Reserve Bank and Others [2025] ZAGPPHC 481, the Gauteng High Court ruled that cryptocurrencies do not fall within the ambit of South Africa’s Exchange Control Regulations (Excon Regulations). Tho…

https://www.polity.org.za/article/cryptocurrency-and-exchange-control-the-legal-implications-ofstandard-bank-of-south-africa-v-south-african-reserve-bank-and-others-2025-06-27