Cryptocurrency and Exchange Control: The legal implications of Standard Bank of South Africa v South African Reserve Bank and others
Introduction In a groundbreaking decision handed down on 15 May 2025 in Standard Bank of South Africa v South African Reserve Bank and Others [2025] ZAGPPHC 481, the Gauteng High Court ruled that cryptocurrencies do not fall within the ambit of South Africa’s Exchange Control Regulations (Excon Regulations). Though currently suspended pending an appeal, the
