Plans underway for stablecoin regulations in South Africa

In response to the evolving landscape of cryptocurrency and digital assets, South Africa‘s Intergovernmental Fintech Working Group (IFWG) has announced its plans to develop a regulatory framework for stablecoins.  The group, tasked with overseeing fintech developments in the country, will commence this initiative by assessing various use cases for stablecoins and exploring their potential... source: https://www.cryptopolitan.com/plan-stablecoin-regulation-in-south-africa/