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Exchange controls make no sense in the crypto age

Farzam Ehsani, CEO of crypto exchange VALR, explains why regulation of cryptos is a good thing, but exchange controls aren’t the answer.

 

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I am surprised that the SA law allows the tax authority to DEMAND personal information from exchanges for their “research projects”?? No evidence of wrongdoing??

Keep in mind this is an anc cadre deployed organization invested with the same caliber of “person” the “movement” is invested with. Mostly corrupt criminals. Why would it be any different??

And yes. Exchange Controls is so old school. The anc government can never find a reason why they CAN do something. They are only able to find reasons why they CANT do things. A sure sign of the backward nature of the leadership.

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