Is South Africa ready for a digital currency (Rand) and the legal implications thereof?

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Digital Finance Africa 2022 - https://itnewsafrica.com/event/ hosted by IT News Africa is the definitive annual event on technology leadership in the financial services industry. It asks the hard questions not asked in other conferences, and identifies the skills required to steer a course in an age where the entire industry is transforming rapidly. This is a Summit for bold, visionary leaders who are willing to take calculated risks as much as they are willing to consolidate, who know what to give up as much as what they expect to gain.

Presentations & Public Speaking

DIGITAL ASSETS
The South African Revenue Service (SARS) defines digital assets as all
items that are stored on a distributed ledger on decentralized
networks, including currency and non-currency assets (NFTs,
security, and utility tokens)

APPLICATION
GOALS
Digitise payment –
merchant
Smart contracts

TAKE AWAYS
Lavina Ramkissoon
Unique scenario of the
increasing proliferation of
digital payments in the country
coupled with a sustained
interest in cash usage,
especially for small value
transactions.

THANK YOU
Lavina Ramkissoon
Email:
lavina@finasa.org.za
Twitter: @lavina_rr
LinkedIn: lavina_ramkissoon

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