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Cointelegraph reached out to prominent exchanges operating in the country to gauge the perception of the SARB’s regulatory attitude.

Now that the SARB has finally taken a stance toward the ecosystem, exchanges, traders and investors can begin to take stock of the ramifications. The country has become a leader in cryptocurrency adoption, with more than 6 million South Africans estimated to own some cryptocurrency. The cryptocurrency space has been left to develop organically in South Africa, with no clear-cut regulations issued by the SARB until recently. Deputy governor Kuben Chetty confirmed that the new regulations would take effect over the next year, speaking in an online dialogue on Monday. The move to classify cryptocurrencies as financial assets and not currency has been talked about for some time by the South African Reserve Bank (SARB).

South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.

Toontown offline props verification#

Twitter suspended public verification indefinitely after it was put on blast for verifying a white supremacist who organized the neo-Nazi rally in Charlottesville, Virginia, in 2017. So we gotta hit pause on accepting any more for now while we review the ones that have been submitted,” the official Twitter Verified account tweeted Friday.īefore relaunching the process on May 20, Twitter hadn’t allowed users to apply for a blue checkmark since the early days of the Trump administration. And everyone knows you can’t break a pinky swear. Twitter didn’t name a date for when the process might resume, but it did “pinky swear” that it’ll happen eventually. On Friday, the company announced that it won’t be accepting any more requests for that coveted blue checkmark until it’s tackled the backlog of applications that’s already piled up. Just a little over a week after reviving its public verification process for the first time in almost four years, Twitter has already pulled the plug.