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[South Africa Plans to Establish Rules for Cross-Border Crypto Asset Transactions] According to IOL, the South African Treasury and the South African Reserve Bank plan to establish rules for cross-border crypto asset transactions, extending the public comment deadline for the draft 'Capital Flow Management Regulations' to June 30, 2026. Both parties clarified that the proposed rules will not criminalize the holding of crypto assets and will not be applied retroactively. A draft handbook for the cross-border crypto asset framework will be released subsequently.

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