financial product – Miami Crypto Coin

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South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores

Post author:MiamiCrypto
Post published:February 3, 2023
Post category:Africa Bitcoin lightning network Bitcoin Payment financial product Financial Sector Conduct Authority (FSCA)Pick n Pay

Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s…

South African Financial Sector Regulator Declares Crypto Assets a Financial Product

Post author:MiamiCrypto
Post published:October 20, 2022
Post category:Crypto asset crypto asset service providers (CASP)Farzam Ehsani Financial Action Task Force (FATF)Financial Advisory and Intermediary Services (FAIS) Act financial product Financial Sector Conduct Authority (FSCA)Kuben Naidoo Regulation South Africa VALR

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of…