South African ban on cryptocurrency for pensions in the crosshairs
As the value of cryptocurrencies, particularly Bitcoin, continues to rise internationally, there have been growing calls for South African pension funds to be allowed to invest in cryptocurrencies. Currently, Regulation 28, which governs where pension funds can invest, tightly restricts their investment options. Proposals suggest amending this regulation to include cryptocurrencies, which could have significant implications for the industry and investors. Farzam Ehsani, co-founder and CEO of major South African cryptocurrency exchange VALR, said South Africans deserve nothing less than to lift...