🇿🇦 Regulation Watch: South Africa SARB warns crypto & stablecoins are becoming a systemic risk. • No full regulatory framework yet • Traders shifting from BTC to USD stablecoins • SARB says exchange-control rules weren’t built for borderless crypto • New rules coming to tighten cross-border flows • Stablecoin volumes: R4B 2022 → R80B 2024 • Local platforms (Luno, VALR, Ovex) serve 7.8M users • ECB also warns stablecoins may drain bank deposits

🇿🇦 Regulation Watch: South Africa

SARB warns crypto & stablecoins are becoming a systemic risk.

• No full regulatory framework yet

• Traders shifting from BTC to USD stablecoins

• SARB says exchange-control rules weren’t built for borderless crypto

• New rules coming to tighten cross-border flows

• Stablecoin volumes: R4B 2022 → R80B 2024

• Local platforms (Luno, VALR, Ovex) serve 7.8M users

• ECB also warns stablecoins may drain bank deposits

— Cryptopolitan (@CPOfficialtx) Nov 27, 2025