South Africa proposes new reporting framework for cross-border crypto transfers

🚨 South Africa may soon require all cross-border crypto transfers to be reported through registered CASPs. 📝 Only licensed providers could process offshore crypto transactions under the draft framework. 📊 Regulators aim to align $BTC oversight with international standards for transparency. 🌍 Similar regulatory tightening is underway in both South Africa and South Korea. Continue Reading:South Africa proposes new reporting framework for cross-border crypto transfers The post South Africa proposes new reporting framework for cross-border crypto transfers appeared first on COINTURK NEWS.