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Luno Pushes South Africa to Rewrite Crypto Rules Through Parliament, Not Proclamation

Luno has formally challenged South Africa’s proposed capital flow regulations, which aim to place digital assets under a modernized exchange control regime. Strict Enforcement and Steep Penalties Cryptocurrency exchange...

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Luno Pushes South Africa to Rewrite Crypto Rules Through Parliament, Not Proclamation
Luno has formally challenged South Africa’s proposed capital flow regulations, which aim to place digital assets under a modernized exchange control regime. Strict Enforcement and Steep Penalties Cryptocurrency exchange Luno has launched a formal challenge against a proposed overhaul of South Africa’s foreign exchange laws, arguing that the National Treasury’s plan to bring digital assets […]

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