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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
29.6.2021
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them...
South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body
3.6.2021
Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection...
AltCoinTrader Cuts Trading Fees by 50% to Tap the Growing Crypto Industry of South Africa
5.9.2019
According to the crypto exchange, AltCoinTrader, South Africa has six primary stock exchanges; one is AltCoinTrader. AltcoinTrader cryptocurrency exchange offers trading digital coins against South African Rand only. The Cryptocurrency trading house, AltCoinTrader announced that it would reduce...