Tag: cryptocurrency regulatory framework
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The Central Bank of South Africa now views cryptocurrencies as financial assets
The South African Reserve Bank (SARB) deputy governor recently stated that the organization has revised its stance on cryptocurrencies and now considers them to be financial assets that need to be regulated as such. By the end of 2023, the SARB plans to have a regulatory framework for cryptocurrencies in place. Kuben Naidoo, the SARB’s…