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Deep Tide TechFlow News, April 24 — South Africa's National Treasury released the "Draft Capital Flow Management Regulations 2026" on April 17, seeking public comments.
The draft proposes to include crypto assets within the foreign exchange control framework to address related risks and strengthen regulation of emerging financial instruments.
Additionally, the draft aims to align the foreign exchange control framework with the recommendations of the OECD and FATF regarding anti-money laundering, counter-terrorism financing, and illegal capital flows, while further clarifying exemptions, licensing, and applicable conditions, and imposing administrative penalties for violations of the regulations.