Bitcoin regulation blunders bite SA

[Bradley Prior]

Bitcoin regulation blunders bite SA

The Financial Action Task Force (FATF) and the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) have published a report indicating significant issues with cryptocurrency regulation in South Africa.

 

[Sapphiron]

It's not limited to cryptocurrency, it's all forms of trading and speculation that is either underregulated or poorly enforced

 

[friedpiggy]

They spend 15 mill on a veld that they call a stadium and want to come lecture and regulate the "common folk" about money laundering????

 

[Swa]

Yet I can't do any transactions without KYC. The report seems overblown.