South Africa’s Crypto Crackdown: It’s Complicated 🤷♀️💰
South Africa is taking significant steps towards regulating cryptocurrency transactions, as highlighted by Finance Minister Enoch Godongwana’s recent statements. But let’s be real, instead of drafting a comprehensive cryptocurrency exchange control exemption framework, the South African Reserve Bank (SARB) is set to publish a new framework later this year that will specifically address cross-border crypto asset transfers. Because who needs simplicity, right?







