South Africa’s new crypto framework: ‘neither hostile nor friendly’

crypto risk bitcoin - web -getty.jpg

Over the past six months, there has been pushback from many financial regulators worldwide around the use and exchange of crypto assets.

According to a 2018 report from the Law Library of Congress, nine countries have an absolute ban on crypto assets and a further 16 have an implicit ban in place.

On June 28, the UK’s Financial Conduct Authority banned Binance – the world’s biggest crypto asset exchange – from conducting any regulated activity in the UK. Chinese authorities have also been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: