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South Africa Backtracks on Controversial Crypto Rules After Backlash

Bitcoin.com News·October 23, 2026·1 min read
South Africa Backtracks on Controversial Crypto Rules After Backlash

South Africa's Finance Minister Enoch Godongwana indicated the government may reconsider proposed cryptocurrency regulations following thousands of public complaints. Financial regulators are rethinking controversial draft proposals after a wave of public pushback, Godongwana said Wednesday, Oct. 21 while delivering a budget statement.

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