South African Central Bank To Start Bitcoin Regulation Experiment
A Blockchain-based solutions provider in South Africa, Bankymoon, has been selected by the central bank of the country to be the sandbox business in testing out digital currency regulations.
Source: https://cointelegraph.com/news/south-african-central-bank-to-start-bitcoin-regulation-experiment
The South African Reserve Bank, essentially, the central bank of the country, will begin experimenting with different regulations surrounding Bitcoin and other cryptocurrencies with an eye to legitimize and understand the growing trend.
Not so great they trying to regulate it.