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

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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

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