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SA's new crypto and exchange control rules promise less red tape. They also prohibit almost everything.
The Capital Flow Management Regulations published on 17 April say fewer pre-approvals in the cover letter and permission-based control in the operative clauses. Both are true. The part that matters has not been drafted yet.
Calvin Matsaure
Jun 305 min read


The Banking Catch-22
Why South African FSP and CASP licence applications stall when banks need regulatory comfort and the FSCA needs operational proof. Both institutions are right. That is why the trap works so well.
Calvin Matsaure
May 116 min read
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