South African Reserve Bank Flags Crypto as Systemic Risk, Pushes for 2026 Regulation
The South African Reserve Bank (SARB) has officially flagged crypto assets, including cryptocurrencies and stablecoins, as a systemic financial risk due to their growing adoption and unregulated nature. The central bank emphasized the urgent need for comprehensive regulation to manage the potential for disruption to South Africa’s financial system and safeguard economic stability, particularly concerning … Read more