South Africa’s Crypto Grew 52% in A Bear Market. Then Came the Permission Slips
AI summary
South Africa's crypto economy grew 52% to $39.3 billion in the year to June 2026, according to Chainalysis, even as global markets were in a bear market. Cross-border stablecoin transfers and crypto service flows drove the growth. Draft rules under revision would require cross-border transfers to go through authorized local providers, which could reshape how that volume moves.
