South Africa’s FIC Unveils Draft Directive for Journey Rule Implementation; Crypto Business Chief Points Warning

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The South African Monetary Intelligence Centre not too long ago issued a draft directive calling crypto-asset service suppliers to implement the Monetary Motion Activity Drive’s (FATF) journey rule. Nevertheless, key figures in South Africa’s crypto business say a number of components may hinder the implementation of the FATF’s Advice 16. CASP Interactions With Unhosted Wallets The South African Monetary Intelligence […]

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