Financial Regulation

Because financial technology (fintech) is relatively new and has developed faster than legislative processes, and because the nuances of blockchain applications are varied, Fintech and Crypto Law covers a broad range of regulations, many of which were formulated before its existence.  As such, it covers laws and regulations in the fields of financial services, ITC,

Launching a cryptocurrency-based fintech startup is a venture that marries innovation with intricate legalities and founders are required to traverse a complex legal terrain, marked by fluctuating regulatory environments and novel legal challenges. This journey demands careful consideration of various legal aspects, including regulatory compliance, intellectual property protection, data privacy, and the intricacies of contractual

What is a cryptocurrency investment licence, and why is it needed? The Fintech legal sector has seen an increase of activity in recent years spurred on by the disruptive nature of blockchain technology, distributed ledgers, smart contracts and the use of artificial intelligence and data analytics. Regulators recognise the potential of the Fintech innovations and

As digital transformation continues to accelerate, it’s evident that the fintech sector is not just responding to current demands, it is also anticipating the future needs of businesses and consumers alike. With the emergence of decentralised platforms to the integration of financial services into everyday consumer experiences, each year brings significant milestones in the fusion

The Fintech Revolution To lay a foundational understanding of the so-called Fintech Revolution, it is important to delineate the terms blockchain, fintech, and cryptocurrency from the outset. Blockchain technology stands as a decentralized and tamper-resistant digital ledger, which securely documents transactions across a vast network of computers. Fintech, short for financial technology, encapsulates a number

A crypto asset is a digital representation of value that is not issued by a central bank, but is traded, transferred and stored electronically by natural and legal persons for the purpose of payment, investment and other forms of utility, and applies cryptography techniques in the underlying technology SARS Because financial technology (fintech) is relatively

Financial technology or Fintech is a relatively new field and has developed faster than many legislative processes. Because the nuances of blockchain applications are varied, Fintech and Crypto Law covers a broad range of regulations, many of which were formulated before its existence.  As such, it covers laws and regulations in the fields of financial

The Minister of Finance has amended the Schedules to the Financial Intelligence Centre Act of 2001 (FICA) which comes into effect on 19 December 2022. The amendments include crypto asset service providers (CASPs) within the definition of an “accountable institution” in Schedule 1 of FICA. CASPs will have to register with the Financial Intelligence Centre