Key Takeaways
South African Treasury draft rules require visitors to declare crypto or face up to 5 years in prison. New 2026 capital flow laws grant officials invasive powers to search devices for Bitcoin or other coins. Stakeholders must submit feedback to South African authorities by June 10, 2026, before final enactment. Digital Assets Reclassified as Capital Broad Search and Seizure AuthorityThe National Treasury has invited the public to submit comments on these draft regulations. Stakeholders and concerned citizens have until June 10, 2026, to provide feedback before the regulations are finalized and signed into law.
