SARB lauds blockchain project though it won't go live
The central bank says there are still many issues to consider before the decision to adopt a distributed ledger tech-based system is taken.
Mama Money simplifies FICA registration with a selfie
The newly introduced service allows users to register online and then take a selfie holding either their ID or passport documents.
TerraPay to launch cross-border money transfers in SA
The company obtains approval from the SA Reserve Bank to offer cross-border money transfer services.
Virtual currencies are too risky, says Reserve Bank
Although virtual currencies are gaining popularity, it's still too risky to start issuing them, says the central bank.
Relaxations to IP Exchange Controls and Loop Structures
The SARB has implemented amendments to the Currency and Exchanges Manual for Authorised Dealers (Exchange Control Manual), says Webber Wentzel.