[South Africa Plans to Revise Regulations to Include Crypto Assets in Capital Flow Management Framework] According to MyBroadband, South African Finance Minister Enoch Godongwana announced that the government will release a draft regulation to formally include crypto assets in the capital flow management system under the Currency and Exchanges Act. This move aims to improve cross-border capital regulation and complement existing anti-money laundering and anti-fraud regulations. Previously, the Pretoria High Court ruled that cryptocurrencies do not fall under the legal definition of 'currency,' and current foreign exchange control rules do not apply to crypto assets, urging the government to undertake legislative reforms. Although the South African Reserve Bank (SARB) has appealed this ruling, insisting that cryptocurrencies should be treated as currency in terms of regulatory functions, the current focus of regulation has shifted toward establishing clear administrative responsibilities and cross-border transaction reporting requirements. This legislative reform will end the ambiguity surrounding crypto assets in foreign exchange controls, providing South African residents with a legal basis to participate in the global crypto market.