According to IOL, the South African Treasury and the South African Reserve Bank (SARB) are pushing for a clear regulatory framework for cross-border crypto assets. They have extended the public comment deadline for the '2026 Draft Capital Flow Management Regulations' to June 30. Both parties clarified that the draft does not intend to criminalize holding crypto assets, nor will it be applied retroactively. A handbook on the cross-border crypto asset framework will be released later, detailing the definition of cross-border crypto transactions and compliance obligations for authorized service providers. https://(wublock123.com)/news/south-africa-proposes-cross-border-crypto-regulation-comments-extended-61664