Luno says crypto draft may clash with SA’s IMF commitments
Luno’s Marius Reitz Luno has opened a new front against draft cross-border crypto rules from national treasury and the South African Reserve Bank, arguing that they treat stablecoin payments inconsistently with South Africa’s international commitments. Under the draft, Luno says, all payments in stablecoins – crypto tokens pegged to a currency, usually the US dollar…
