Economist Dawie Roodt Warns South Africans May Drop Local Currency as Crypto Rules Tighten
Key Takeaways On May 15, the National Treasury defended its new crypto rules against claims of asset seizure in South Africa. Dawie Roodt warns that the harsh capital rules will backfire, driving 100% of local users to cryptocurrencies and stablecoins. SA regulators will release a cross-border crypto manual next for public comment to define upcoming…
