Virtual Assets, digital assets, crypto assets all refer to the same concept, namely a digital representation of value. Virtual assets are transforming the financial sector and the way financial transactions are executed.
Africa is ripe for benefiting from the advantages that fintech solutions can provide in addressing certain challenges around financial inclusion and access to services.
The benefits of digital payments are identified as safety, convenience, cost-effectiveness and transparency.
This guide, compiled as a collaborative effort between Webber Wentzel and its relationship firms across Southern Africa, examines the development of the regulatory regime for virtual assets across the southern region of Africa.
