#Capital Controls

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#Capital Controls

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South Africa Proposes Crypto Reporting Rules for Cross-Border Transfers and Self-Custody Wallets

South Africa Proposes Crypto Reporting Rules for Cross-Border Transfers and Self-Custody Wallets

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South Africa is moving to tighten crypto oversight with new rules that would flag certain cross-border transfers, including sends to offshore providers and self-custody wallets. It’s a clear push for traceability, tax compliance, and capital control—without treating crypto as legal tender.

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