Resident entities “may not enter into crypto asset transactions deemed as import or export of capital”. Currency Hub, a licensed financial services provider and crypto asset service provider, will quote two-way prices as market maker. “Failing to accommodate corporate cross-border stablecoin payments leaves South African businesses out of step with an international ecosystem embracing next-generation payment rails. BlockTower calls this the first listing of an institutional-grade rand stablecoin on a large regulated exchange. Whether South African institutions are allowed to use any of it across borders is now Pretoria’s call.