South Africa issues draft to force crypto sales
; 30 days to decide
South Africa’s National Treasury has published draft Capital Flow Management Regulations that could require residents to sell crypto assets, gold, and foreign currency directly to the government.
Released on 17 April 2026, the proposal introduces new controls over cross-border transactions and asset holdings.
Residents exceeding a threshold set by the Finance Minister must declare and offer their assets for sale within 30 days. The draft remains open for public comment until 18 May 2026.
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Ray Merlin
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South Africa issues draft to force crypto sales
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