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No blanket exchange control exemption for cryptocurrencies – Moonstone Information Refinery
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No blanket exchange control exemption for cryptocurrencies – Moonstone Information Refinery
The Minister of Finance does not plan to draft a comprehensive framework that exempts cryptocurrency transactions from exchange controls. Instead, targeted frameworks for cross-border transactions involving crypto assets will be developed. Finance Minister Enoch Godongwana made this disclosure last month in response to questions from Democratic Alliance MP Wendy Alexander, who is a member of the National Assembly’s Standing Committee on Finance.…
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