‘South Africa has to abolish exchange control’

‘South Africa has to abolish exchange control’

ZARP Stablecoin co-founder Simon Dingle South Africa should scrap exchange control altogether, according to Simon Dingle, co-founder of rand stablecoin ZARP, who said the country’s capital controls have achieved the opposite of what they were designed to do. “Ultimately, South Africa has to abolish foreign exchange control,” Dingle told TechCentral. “Unfortunately the damage has already…

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