South Africa Extends Crypto Regulation Deadline to June 30: Ownership Not Criminalized
— Bitcoin.com
South Africa delays crypto regulation deadline, avoiding retrospective penalties on ownership.
South Africa’s Treasury and Central Bank extended the crypto regulation deadline to June 30, assuring digital asset ownership won’t be criminalized.
- Deadline for crypto regulation extended to June 30.
- Treasury and Central Bank confirm digital asset ownership is safe.
- No retrospective application of proposed rules.
The extension and assurances reduce regulatory uncertainty, potentially easing short-term sector adaptation.