South Africa Rushes to Finalize Regulatory Framework

South Africa Rushes to Finalize Regulatory Framework

In a swift attempt to fight the rapidly increasing crypto scams in South Africa, the central bank is rushing to finalize its regulatory framework. Kuben Naidoo, the Deputy Governor of the South African Reserve Bank (SARB) said, “We are trying to put in place the regulatory framework quickly. Our view is that crypto is a financial product and should be …