South Africa’s Finance Chief Hands Crypto Rulebook to SARB, Big Changes Ahead for Exchanges

TLDR: SARB will publish new rules on cross-border crypto transfers by year-end, says Finance Minister Godongwana. Court ruling exempts crypto from SA exchange controls until new regulations arrive, sparking SARB response. Judge Motha says crypto is not money, citing its global nature and lack of legal tender status in South Africa. SARB framework aims to [...]

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