Regulating crypto: Plaudits for SA’s approach with timely lessons for digital currency investors

Loading player...
In the third episode of our four-part series unpacking Crypto, Luno’s GM Marius Reitz and Bowman’s partner Joshua Janks have the perfect platform for discussing SA’s digital currency regulation. The multi-billion-dollar collapse of Bahamas-based FTX, which went into bankruptcy over the weekend, supports the wisdom of the slow-but-thorough approach by SA’s regulators. The duo discusses the current state of regulation in SA, providing context on the October 19 declaration by the Financial Sector Conduct Authority that crypto assets are a financial product. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Nov 2022 3AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min