
Draft manual sets out proposed cross-border crypto regime
Early industry reaction focuses the implications for stablecoin payments and self-custody wallets, and the compliance burden.

Early industry reaction focuses the implications for stablecoin payments and self-custody wallets, and the compliance burden.

Treasury and the SARB say the proposals are not intended to criminalise crypto possession and have extended the deadline to comment.

Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.

National Treasury releases the draft Capital Flow Management Regulations to replace the Exchange Control Regulations.