Tag: bitcoin

For years, one question has shaped South Africa’s crypto debate. It sounds simple, but it carries major legal consequences. If bitcoin is bought in South Africa and moved to a wallet linked to an offshore custodian, has capital left the country? The latest High Court ruling brings that question into sharper focus. It shifts attention away from what Bitcoin is. Instead, it focuses on what Bitcoin can do.

When the Supreme Court of Appeal (SCA) hears the Standard Bank vs SARB appeal in 2026, the court will decide whether the 1961 Exchange Control Regulations can stretch to cover Bitcoin. This moment will define whether a borderless digital asset fits inside legislation written before computers existed. The stakes sit high, especially as the crypto crackdown intensifies across South Africa.

Alex Simeonides | Founder and CEO | Capital Legacy | mail me | Whether it’s Bitcoin, Ethereum, Ripple, Litecoin or Monero, your cryptocurrency fortune could be lost forever if...

Your friends and family may offer you financial advice with good intentions, but you should be wary of basing your investment decisions purely on stories shared 'around the braai'. People love to give advice, especially the people closest to us – our family and friends. And while we are often able to be circumspect, sifting out what is irrelevant to us, it can be difficult to resist taking financial advice from family and friends, especially when they appear to have done well for themselves.

We don’t surf the internet like we used to because technology continues to evolve and drive our behaviour. Thanks to Google, search engine optimisation (SEO) is also changing.

The big question on everyone’s lips however, is twofold: How will cryptocurrency be taxed by the South African Revenue Service (SARS) and what will the exchange control standpoint of the South African Reserve Bank (SARB) be?

There are many different cryptocurrencies, the most well-known being Bitcoin. Bitcoin is a convertible virtual currency, in other words, it has an equivalent value...

Leishen Pillay | Partner and Head of Technology, Media and Telecommunications | Hogan Lovells | leishen.pillay@hoganlovells.com | www.hoganlovells.com | Bitcoin may make headlines when its...

Elize Botha | Managing Director | Old Mutual Unit Trusts | christabell.kota@omwealth.co.za | www.oldmutual.co.za | While it may be tempting to buy into the evolving cryptocurrency...

Mike Jones | Strategic Planning Director | NATIVE VML | mike@native.co.za | https://www.vml.com/native-vml/ | In many ways technology has brought about some growing pains to the...