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Regulations governing tokenized deposits and crypto assets in South Africa set to take effect in 2025

Regulations governing tokenized deposits and crypto assets in South Africa set to take effect in 2025

Regulations governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the South African central bank has revealed.

In addition, the South African Reserve Bank (SARB) is said to have explored a general-purpose retail central bank digital currency (CBDC).

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