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 […]
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 […]
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 […]
My original intention was to save this letter of appreciation until 12 of April, which is the “National Be Kind to Lawyers Day” in the USA. Nevertheless, I would like to take this opportunity to express my heartfelt appreciation and thanks to you for your active participation and efforts put into the recent dilemma that I was having with the tenants living at my property in Cape Town. Please know that your skills and time spent on effectively facilitating this extremely sensitive situation, are highly valued and much appreciated. I have no doubt that things would have had a very different result, had you not advised and assisted me as you did. I truly appreciate your dedication to your profession and to us – your clients, and hope you recognise as I do the valuable role you play in society.AJ Pillay, Johannesburg
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