Passing the bill ,policies , regulatory might take 3 year for example, trail to implementation another 3, before you know it 10 years behind. In this technology evolution this fast ?. resulting only the already with good capital to bypass by, then partnering with international entities," introducing middle man again, which block-chain core aims to solve.
Example Cybercrime bill,POPI,FICA, Nuclear Power, and lastly Mining charter,
RE: South Africa Will Begin Testing Bitcoin and Crypto currency Regulations EMERGING MARKETS