By Wiehann Olivier, CA (SA) and Partner at Mazars South Africa While we wait for the experts to draw up a regulatory framework for crypto-assets, it’s crucial that you educate yourself on good practices for Virtual Asset Service Providers (VASPs)....
This post was sponsored by Revix. Nowadays, you‘ll have a hard time finding someone who hasn’t heard about Bitcoin or cryptocurrencies. But beyond the noise and sensational news headlines, the overwhelming majority of people have very limited...
What exactly is cryptocurrency? Is it something we should be investing in and if so, how do we do it? Maya (@mayaonmoney) and Mapalo (@womanandfinance) ask the questions you may be too shy to ask. Cryptocurrency experts Sean Sanders and Louis Buys,...
With the collapse of Bitcoin from over R250 000 to around R70 000 today, the hype around cryptocurrencies has largely died down. It usually takes a wipeout for people to understand exactly what is meant by a risky investment. However, pundits argue...
By Stéphane Monier, Chief Investment Officer, Lombard Odier Private Bank Investment experts have often sceptically dismissed cryptocurrencies as excessively volatile. Technologists have described them as revolutionary. Who is correct? Will...
New research has found that cryptocurrency prices are not influenced by any economic factors and instead are driven purely by the mood swings of investors. The stunning rise in the price of Bitcoin, hitting $17,500 last December as it increased by...
As the returns from Bitcoin and other cryptocurrencies hit stratospheric levels, Bitcoin scamsters have crawled out of the woodwork to take advantage, as the lure of big profits makes people less cautious and more willing to hand over their money...
Christopher Renwick, Attorney at Tax Consulting SA investigates the tax implications of making money from cryptocurrency. Although usually behind the global curve, South Africa seems to be keeping pace with the current Bitcoin trend. This is...
By Jacques Plaut, portfolio manager at Allan Gray The total market value of all bitcoins is US$80bn, which is more than the value of Richemont and triple the value of Anglo American. It is the topic on which we currently receive the most questions...
By Mike van der Westhuizen, Portfolio Manager, Citadel, and Nishlen Govender, Investment Analyst, Citadel Recent Bitcoin mania has raised a heated debate as to what the world’s largest cryptocurrency (by market capitalisation) is actually worth....
Digital currencies are a form of electronic money, that are as liquid as normal fiat currencies. There are currently over 600 digital currencies – also known as cryptocurrency – that are already in the market. They function the same way as regular currencies, except...