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The SA Reserve Bank (Sarb) is planning to put in force the rule for crypto assets in the next 18-24 months, deputy governor Kuben Naidoo said, joining central banks across the world mulling the regulation of the sector, which has been susceptible  to advanced money laundering and other cyber-related crimes. 

Speaking at a PSG webinar on the future of money banking and crypto on Tuesday, Naidoo said initially, the crypto hype bore all the hallmarks of a Ponzi scheme and a pyramid scheme but there was now some genuine excitement about the technology, and the potential in the payment space...

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