The South African government has revealed plans to implement regulatory action in its cryptocurrency industry, by starting with a registration process.
source https://www.google.com/url?rct=j&sa=t&url=http://venturesafrica.com/will-regulation-restrict-the-cryptocurrency-market-in-south-africa/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNG4LlTmSdEPPSZ8g338CXUj5GEG8A