ZDQWLTJ7SFAUVMWQ4NBMPWQRMI Should Crypto Be Regulated? The South African Central Bank Weighs In

Should Crypto Be Regulated? The South African Central Bank Weighs In

– The Financial Intelligence Centre (FIC) act needs to be amended in order for cryptocurrency exchanges to be regulated in South Africa.
– This amendment will probably take around 12 to 18 months.
– In the meantime, cryptocurrency exchanges can start to implement some Know Your Customer (KYC) rules.
– Exchanges can also start to be licensed.

 

 

ZDQWLTJ7SFAUVMWQ4NBMPWQRMI Should Crypto Be Regulated? The South African Central Bank Weighs In
Should Crypto Be Regulated? The South African Central Bank Weighs In 3

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