South Africa Set to Treat Bitcoin and Other Crypto as Financial Products

South Africa Set to Treat Bitcoin and Other Crypto as Financial Products


The Crypto Basic
2022-10-19 16:09:23

Bitcoin and other crypto assets will be regarded as financial products in South Africa as the country attempts to regulate cryptocurrencies. Regulation of the nascent cryptocurrency industry remains a challenge to several countries due to its infancy and intricacies. Some nations such as China have resorted to restricting the use of cryptocurrencies, while others put […]The post South Africa Set to Treat Bitcoin and Other Crypto as Financial Products first appeared on The Crypto Basic.