South Africa Unveils New Crypto Rules as Usage Soars Exponentially

South Africa Unveils New Crypto Rules as Usage Soars ExponentiallyThe South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South Africa’s Financial Sector Conduct Authority (FSCA) announced Friday that it has published “a draft declaration of […]

The post South Africa Unveils New Crypto Rules as Usage Soars Exponentially appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

South Africa Proposes 30 Rules to Regulate Cryptocurrency

South African Regulators Propose 30 Rules to Regulate Cryptocurrency in Line With FATF StandardsSouth Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by the Financial Action Task Force (FATF). Top Regulators Publish Crypto Regulatory Policy A number […]

The post South Africa Proposes 30 Rules to Regulate Cryptocurrency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico