In brief

  • South Africa’s crypto economy grew 52% to $39.3 billion despite the bear market

  • One asset now rivals Bitcoin in the region’s peer-to-peer transfers.

  • South Africa’s central bank is rewriting draft restrictions on cross-border crypto transfers.

Read the original story “South Africa’s Crypto Economy Grew 52% in a Bear Market. Then Came the Licensing Paperwork” by Kamina Bashir on fi.beincrypto.com