Luno Pushes South Africa to Rewrite Crypto Rules Through Parliament, Not Proclamation

AI Summary Luno has formally challenged South Africa’s proposed capital flow regulations, which aim to place digital assets under a modernized exchange control regime. Strict Enforcement and Steep Penalties Cryptocurrency exchange Luno has launched a formal challenge against a proposed overhaul of South Africa’s foreign exchange laws, arguing that the National Treasury’s plan to bring digital assets […] fulltext: 419 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/luno-pushes-south-africa-to-rewrite-crypto-rules-through-parliament-not-proclamation/ Source: Bitcoin.com News