A visitor walks past a Bitcoin display at the National Bitcoin Office (ONBTC) booth, inside the National Library in San Salvador, El Salvador.

R2.2bn in investment on hold over proposed crypto controls – VALR

R2.2bn in investment on hold over proposed crypto controls – VALR

VALR CEO Farzam Ehsani warns that the draft crypto rules on exchange controls could drive businesses, jobs and tax revenue offshore.

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

At least R2.2 billion in potential foreign investment in South African crypto businesses has been placed on hold because of uncertainty over proposed new exchange control rules, according to VALR co-founder and CEO Farzam Ehsani, speaking on this week’s Moneyweb Crypto Pod.

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