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With surging trading volumes and a rise in fraud and crypto-enabled ransom payments, the South African government is beginning to lay the groundwork for a regulated cryptocurrency environment.
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“Crypto assets cannot remain outside of the South African regulatory purview,” said the South African government's working group tasked with crypto regulation.
https://qz.com/africa/2021680/south-africa-approach-to-bitcoin-regulation-is-unique-in-africa/
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