South Africa’s Central Bank Holds Public Forums on Inflation and Crypto

The South African Reserve Bank (SARB) held public forums in Cape Town and Polokwane on its 3% inflation target and cryptocurrency reforms.

The sessions also covered the target’s effectiveness, artificial intelligence and exchange controls.

Separately, the government aims to publish a revised second draft of proposed crypto capital rules after consultations. No timetable was given. The plans were covered in TokenPost’s earlier report on South Africa’s proposed crypto capital rules.