Satoshi Hub tracks the rules that shape Bitcoin in South Africa. September was the busiest month yet.
Part of the Wildfarm network — Satoshi Study
🏦 Exchange controls vs the industry
The month closed with the SA crypto industry uniting against new exchange controls. Earlier we covered the underlying cross-border reporting layer landing on exchanges and the wider regulation of crypto asset service providers.
📋 Licensing and enforcement
FSCA licensing updated to 310 of 533 CASP applications approved, and the regulator debarrred the CEO of a JSE-listed bitcoin treasury company — enforcement is now real, not theoretical.
🌍 Global context
The US Senate set a CLARITY Act vote with strict new ethics rules, which will echo into SA market structure decisions.
— Satoshi Hub