Proposed rules have already put at least three crypto deals worth R2.2bn on hold, while authorities continue to consider industry feedback. Digital-asset companies operating in South Africa have halted billions of rand in deals over proposed regulatory changes that would include cryptocurrencies under the country’s exchange-control regime and limit their use in cross-border transactions, people familiar with the matter said. Key points and original sources are listed below.

• Proposed rules have already put at least three crypto deals worth R2.2bn on hold, while authorities continue to consider industry feedback.S1

• Digital-asset companies operating in South Africa have halted billions of rand in deals over proposed regulatory changes that would include cryptocurrencies under the country’s exchange-control regime and limit their use in cross-border transactions, people fa...S2