Crypto Regulatory Working Group Set By South Africa

Job Appointments | January 5, 2019 By:

South Africa has created a dedicated regulatory working group on cryptocurrency and blockchain.

Finance minister Tito Mboweni said the working group includes representatives from the Financial Intelligence Centre, Financial Sector Conduct Authority, Treasury, the Reserve Bank, and the SA Revenue Service (Sars).

The working group will study the country’s cryptocurrency industry and create a unified intergovernmental framework for it,