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Bitcoin not a currency? South Africa to regulate crypto as financial asset

South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin not a currency? South Africa to regulate crypto as financial asset

South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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