New exchange control rules: ‘If they pass, we’re leaving SA’

Adopting Bitcoin conference co-organiser Ricki Allardice takes a temperature reading of the room after publication of draft exchange control regulations … and it’s getting hot. From Moneyweb.

You can also listen to this podcast on iono.fm here.

New exchange control regulations have been published and they are the most sweeping changes announced in decades – with serious implications for crypto.

Speaking on Moneyweb’s Crypto Pod, Adopting Bitcoin Conference co-organiser Ricki Allardice channels the outrage felt by many in the crypto community. Some bitcoiners believe the proposed regulations are so draconian they would rather leave the country than place them under the control of the state. Listen or read here.

About Ciaran Ryan 1446 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.