SA High Court Rules Bitcoin as Capital Under Exchange Control Laws

The South Gauteng High Court in Johannesburg ruled that Bitcoin (BTC) is both capital and money under South Africa’s 1961 exchange control regulations. Judge Stuart Wilson dismissed an application by two crypto traders and upheld the South African Reserve Bank’s (SARB) forfeiture of nearly R6 million in assets against a trader who moved nearly 1,680 […] Read The Full Article SA High Court Rules Bitcoin as Capital Under Exchange Control Laws On Coin Edition.