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South African Judge Slams Outdated Crypto Laws

  • South African High Court judge criticizes the central bank for using outdated crypto laws from the apartheid era.
  • The court emphasizes the urgent need for legal reform to regulate digital assets like Bitcoin effectively.
  • South Africa risks lagging behind in the booming global interest in Bitcoin due to outdated regulations and legal gaps.
  • The ruling underscores the necessity for South Africa to update its cryptocurrency regulations to protect investors and foster economic growth.

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