South Africa Is Rewriting Its Crypto Exchange Control Rules. Here Is Why It Matters for Bitcoin.
South Africa’s Finance Minister Enoch Godongwana announced on October 21, 2026, that the country will revise key sections of its
Read MoreSouth Africa’s Finance Minister Enoch Godongwana announced on October 21, 2026, that the country will revise key sections of its
Read MoreMoneyBadger, the payment provider powering Bitcoin acceptance at Pick n Pay and South African Airways, is warning that the SARB’s draft exchange control rules would classify any payment from a private Bitcoin wallet as prohibited, even when the buyer is simply paying for bread and the merchant receives rand. The public comment period closes today.
Read MoreA Johannesburg High Court has ruled that Bitcoin constitutes both “money” and “capital” under South Africa’s exchange control laws — a landmark judgment that directly contradicts a 2025 ruling and significantly shifts how Bitcoin can be treated in cross-border transactions.
Read MoreSouth Africa’s National Treasury and Reserve Bank have extended the public comment period on draft Capital Flow Management Regulations to 30 June 2026, following widespread industry pushback over proposed restrictions on cross-border Bitcoin transactions.
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