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Tag: Africa

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South Africa Crypto Draft Triggers 1M Rand Fine Warning From Valr CEO
Industry leaders and financial experts have issued a sharp rebuke of the South African National Treasury’s Draft Capital Flow Management Regulations 2026, calling the proposal a regressive move that mirrors apartheid-era economic controls. Key Takeaways: National Treasury draft replaces 1961… Read full article
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Why Safrochain Chose Cosmos SDK Over an EVM Rollup for Africa-Focused Payments
Picture a fifty-dollar remittance from Paris to Kinshasa. Today, that money typically passes through a Western Union counter, a…Continue reading on Medium » Read full article
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Building for the Unbanked: How Safrochain’s Mobile-First Design Is Africa-First, Globally…
There is a market researcher’s version of Africa, full of pie charts about smartphone penetration and mobile money corridors, and there is…Continue reading on Medium » Read full article
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South Africa Crypto Crackdown? Proposal Could Force Citizens To Liquidate Bitcoin To The State
South Africa has released new draft regulatory proposals that, if implemented, could significantly change how residents interact with certain wealth holdings—including crypto. 
The document, published as part of the country’s latest attempt to tighten rules around the crypto industry, would… Read full article
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‘Horrible policy’- Bitcoin community slams South Africa’s crypto control proposal
The draft regulation could force South Africans to sell their crypto assets to the National Treasury if they surpass a certain 'threshold.' Read full article
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South Africa draft bill would tighten crypto capital controls
South Africa’s draft capital flow rules would bring crypto under exchange controls, with declaration duties, transaction limits and tougher penalties. Read full article
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South Africa’s New Crypto Rules Could Force Investors to Sell Bitcoin
South Africa proposes sweeping crypto controls that could force holders to sell Bitcoin. Here’s what the draft means for investors.
South Africa is moving to overhaul its financial control system. 
The National Treasury and the South African Reserve Bank have… Read full article
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