According to IOL, the South African Department of Finance and the South African Reserve Bank (SARB) are working to clarify a regulatory framework for cross-border crypto assets, and the deadline for public comments on the "Draft Capital Flow Management Regulations 2026" has been extended to June 30. Both parties clarified that the draft does not intend to criminalize crypto asset holdings, nor will it be applied retroactively; a cross-border crypto asset framework manual will also be released later, clarifying the definition of cross-border crypto transactions and the compliance obligations of authorized service providers.

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