The South African Reserve Bank (SARB) has completed a technological proof-of-concept for the initiative, bringing the country one step closer to establishing its.
The South African Treasury anticipates the recommendations to add crypto asset service providers as accountable entities in the Financial Intelligence Centre (FIC) Act.
Absa Blocking Binance A South African Bank, Absa has reported blocking credit cards for users, who invest in cryptocurrencies on international exchange platforms..