Are regulators strangling crypto in the crib?

Are regulators strangling crypto in the crib?

There’s been a ton of backlash against SA’s proposed new exchange control rules. AfriDax CEO Frank Leonette tells us why, and what he thinks will happen next.

You can also listen to this podcast on iono.fm here.

Some of the proposals in the Draft Capital Flow Management Regulations are frightening – law enforcement officers would be given the power to search your electronic devices and demand you hand over the passwords or seed phrases to your crypto.

Read the full article on Moneyweb



The Writer’s Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily…