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Treasury ‘is treating crypto like banknotes’

Industry says National Treasury's crypto manual applies fiat money thinking to crypto-currency, publishing rules before the regulations are even finalised.

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itweb.co.za

engineeringnews.co.za

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itweb.co.zaStai leggendo3 g fa

Treasury ‘is treating crypto like banknotes’

South Africa's Treasury proposed crypto regulations applying 1961-era forex controls to borderless blockchain technology. For CIOs, this blocks stablecoin cross-border B2B payments in a $33 trillion global market, signaling regulatory risk.

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engineeringnews.co.za5 g fa

Comments on draft Crypto Assets Manual for cross-border activities to complement regulations

South Africa's Treasury and SARB released a Crypto Assets Manual for cross-border transactions through authorized CASP providers with FinSurv reporting. The activity-based framework tightens compliance, prevents regulatory arbitrage, and improves illicit flow detection.

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Timeline cronologica

lunedì 3 agosto 2026·itweb.co.za
SA seeks industry input on crypto asset manual
National Treasury and the South African Reserve Bank invite comments on the draft Crypto Assets Manual for cross-border activities.
lunedì 3 agosto 2026·engineeringnews.co.za
Comments on draft Crypto Assets Manual for cross-border activities to complement regulations
The National Treasury and the South African Reserve Bank (SARB) have published the draft Crypto Assets Manual for cross-border activities for comment. The institutions had…

Treasury ‘is treating crypto like banknotes’

Comments on draft Crypto Assets Manual for cross-border activities to complement regulations

Timeline cronologica

SA seeks industry input on crypto asset manual

Comments on draft Crypto Assets Manual for cross-border activities to complement regulations

Treasury ‘is treating crypto like banknotes’