+0.50% Bitcoin (BTC) 93461 EUR
+0.05% Ethereum (ETH) 3333.63 EUR
+1.17% Litecoin (LTC) 80.17 EUR
+2.67% B-Cash (BCH) 418.79 EUR
-0.27% Ethereum (ETH) 0.0360166 BTC
+0.70% Litecoin (LTC) 0.00086658 BTC
+2.28% B-Cash (BCH) 0.00448137 BTC
+0.21% Bitcoin (BTC) 109561.0226 USDC
+0.25% USD Coin (USDC) 0.86 EUR
-0.91% Chainlink (LINK) 15.44 EUR
-1.54% Chainlink (LINK) 0.00016512 BTC
+0.34% Dogecoin (DOGE) 0.16 EUR
0.00% Dogecoin (DOGE) 0.00000181 BTC
+1.27% Uniswap (UNI) 5.44 EUR
+0.69% Uniswap (UNI) 0.00005837 BTC
+0.08% Cardano (ADA) 0.55 EUR
-0.66% Cardano (ADA) 0.00000598 BTC
+1.31% Tron (TRX) 0.28 EUR
+0.67% Tron (TRX) 0.000003 BTC
+0.92% Shiba Inu (SHIB) 0.00000874 EUR
+4.66% Zcash (ZEC) 236.67 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
-0.70% Arbitrum (ARB) 0.311 USDC
-1.41% Chainlink (LINK) 17.74 USD
-1.61% Chainlink (LINK) 17.69679 USDC
+1.06% Uniswap (UNI) 6.26 USDC
-0.19% Ondo (ONDO) 0.62 EUR
-0.47% Ondo (ONDO) 0.72605 USDC
-0.52% Gala (GALA) 0 EUR
-0.81% Gala (GALA) 0.01093 USDC
-1.57% Wormhole Token (W) 0.06 EUR
-1.63% Wormhole Token (W) 0.0724 USDC
+0.10% Chiliz (CHZ) 0.02 EUR
+0.03% Chiliz (CHZ) 0.03237 USDC
+0.44% Sand (SAND) 0.17 EUR
+0.24% Sand (SAND) 0.2084 USDC
-0.76% Aave (AAVE) 189.32 EUR
-0.89% Aave (AAVE) 219.72 USDC
-0.45% Curve DAO (CRV) 0.45 EUR
-0.70% Curve DAO (CRV) 0.5328 USDC
+1.15% Immutable X (IMX) 0.43 EUR
+0.92% Immutable X (IMX) 0.5097 USDC
0.00% Skale (SKL) 0.07 USDC
+1.60% Beam (BEAM) 0 EUR
+0.98% Beam (BEAM) 0.00514 USDC
0.00% Axelar (AXL) 1.05 USDC
-0.64% Livepeer Token (LPT) 4.29 EUR
-0.85% Livepeer Token (LPT) 4.994 USDC
+0.56% Compound (COMP) 31.81 EUR
+0.27% Compound (COMP) 36.92 USDC
-2.03% Coti (COTI) 0.02 EUR
-2.04% Coti (COTI) 0.0336 USDC
0.00% Portal (PORTAL) 1.1 USDC
-4.82% Sushi (SUSHI) 0.45 EUR
-4.35% Sushi (SUSHI) 0.5335 USDC
-2.93% Pepe (PEPE) 0 EUR
-3.35% Pepe (PEPE) 0.00000692 USDC
-2.51% Optimism (OP) 0.37 EUR
0.00% Polygon (MATIC) 0.2 EUR
-2.23% Solana (SOL) 159.98 EUR
-0.61% Solana (SOL) 0.0017089 BTC
+0.37% Solana (SOL) 0.047926 ETH
+0.22% USD Coin (USDC) 0.74 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY
0.00% USD Coin (USDC) 4.25 PLN
0.00% USD Coin (USDC) 10.93 SEK

South Africa Classifies Crypto Assets as Financial Products

10-20-2022

South Africa has declared crypto assets to be a financial product, according to a new notice from the country’s Financial Sector Conduct Authority.

The change brings digital assets more under the purview of South Africa’s regulators.

The notice defines a crypto asset as a “digital representation of value” that is not issued by a central bank but can be traded, transferred or stored electronically “for the purpose of payment, investment and other forms of utility.”

 

The change, which takes effect immediately and falls under the Financial Advisory and Intermediary Services Act, 2022, comes as countries around the world are moving to regulate cryptocurrencies more strictly, particularly amid the recent volatility in prices and the collapse of several important crypto firms.

The deputy governor of South Africa’s central bank said this summer the bank had come to view cryptocurrency as a financial asset and was looking into regulating the sector.

 

Source: Coindesk