Tag ArchivesCryptocurrencies

Technology Law : Cryptocurrencies and SARS – what is the latest?

In South Africa, as with most other countries around the world, there is no specific guidance and regulation regarding cryptocurrencies and many aspects of technology law. In the recent budget review, South African Revenue Service (“SARS”) proposed that any amendments to the income tax and value-added tax (“VAT”) legislation to deal with cryptocurrencies, pose a […]

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cryptocurrency

What happens to your Cryptocurrency when you pass away?

What seemed to be a completely foreign concept just a few years ago, is now a reality for most investors. Cryptocurrency is a virtual form of money that is protected by indestructible Cryptography which makes it a secure way to store wealth and investments. Cryptocurrencies are unique in the sense that their blockchain technology is […]

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Cryptocurrency – Where are we in regards to regulations and what to do in the interim

Globally, although enjoying more mainstream publicity, cryptocurrencies or digital currencies are still very much unregulated. In South Africa, the South African Reserve Bank is conducting regulatory experiment; it is no longer a question of whether such currencies, including Bitcoin, should be regulated or not, but rather who will be doing the regulating. Decentralisation is paramount […]

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