[South Africa's Crypto Economy Grows 52% to $39.3 Billion in One Year; Cross-Border Regulation Draft May Be Revised] According to a report by BeInCrypto on October 30th, Chainalysis data shows that South Africa's crypto economy grew by 52% to $39.3 billion in the year ending June 2026, with growth across all tracked activities. Commercial payments by South African merchants and P2P traders reached $8.34 billion, growing faster than institutional activity (inflows of $1.29 billion); stablecoin inflows through P2P channels in sub-Saharan Africa reached $14.6 billion, on par with Bitcoin. The South African Treasury and Central Bank (SARB) released a draft regulation on crypto asset management on August 3rd, proposing that individuals can only transfer crypto assets through authorized local service providers within existing overseas limits, while businesses are prohibited from cross-border transfers of crypto assets. As of March 31, the Financial Conduct Authority (FSCA) had issued licenses to 310 crypto asset servicers, but these entities still require separate authorization from the SARB. On October 21, Finance Minister Enoch Godongwana stated that after receiving thousands of public comments, the Ministry of Finance would strive to release a revised second draft, though a timetable has not yet been announced.