Goverment Of South Africa Will Regulate The Circulation Of Cryptocurrency
The South Africa's government formed a working group that researched cryptocurrencies and blockchain technology to develop optimal regulatory measures aimed at creating a favorable climate for the development of the digital economy in South Africa.
According to the South Africa's Finance Minister Tito Mboweni, the working group will present the results of the research in 2019. The cryptocurrencies law is developed in accordance with the conclusions of experts and the wishes of crypto enterprises. Mboweni also reported on the government’s plans to tax the income earned from trading digital assets....https://en.bit.news/goverment-south-africa-will-regulate-circulation-cryptocurrency/
The South Africa's government formed a working group that researched cryptocurrencies and blockchain technology to develop optimal regulatory measures aimed at creating a favorable climate for the development of the digital economy in South Africa.
According to the South Africa's Finance Minister Tito Mboweni, the working group will present the results of the research in 2019. The cryptocurrencies law is developed in accordance with the conclusions of experts and the wishes of crypto enterprises. Mboweni also reported on the government’s plans to tax the income earned from trading digital assets....https://en.bit.news/goverment-south-africa-will-regulate-circulation-cryptocurrency/
if this news spread to my country then it will be possible for my country to follow the example of south africa and start doing bitcoin research to be able to create laws that allow people in my country to buy and sell bitcoin in a very simple and safe. we need to have these regulations so we can use bitcoin without having problems with laws and banks
