- South Africa faces the risk of being placed on the FATF greylist due to ongoing corruption issues.
- Joint proposals on crypto oversight and financial flows were introduced by the National Treasury and SARB, leading to a FATF evaluation regarding greylist placement.
African regulators published a guide on virtual asset regulation, leading to decisions classifying crypto assets as financial products in South Africa.
1 report, 1 independent
Updated Aug 1
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What happened
African regulators published a guide on virtual asset regulation, leading to decisions classifying crypto assets as financial products in South Africa.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Africa
continent
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South Africa
country in southern Africa
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South African Reserve Bank
central bank