Fintech Kastelo weighs walking away from appealing blocking order
The FSP has paused its crypto-arbitrage service after the High Court upheld the SARB’s order, finding reasonable grounds to suspect exchange control contraventions.
#foreignexchangeallowances
Ruling leaves key exchange control questions unresolved in crypto arbitrage dispute
The case focuses attention on how the exchange control framework applies to crypto platforms that facilitate offshore trading through loans.
