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South African High Court rules cryptocurrency not subject to capital controls - Ledger Insights - blockchain for enterprise

Summary by Ledger Insights
Last week the South African High Court ruled that cryptocurrencies are not subject to the country’s exchange controls. The International Monetary Fund (IMF) has long argued that many people use cryptocurrencies to circumvent capital controls in emerging market economies because they can be transferred peer to peer. It is worried this could destabilize those economies […] The post South African High Court rules cryptocurrency not subject to capit…
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Ledger Insights broke the news in on Friday, May 23, 2025.
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