Binance to Enforce New Data Requirements in South Africa

Posted: 2025-04-26 18:10:14 UTC

@CointelegraphCointelegraph

#Binance

#SouthAfrica

#Compliance

#UserData

#CryptoRegulations

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In Progress

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Last Updated

2025-04-26 18:10:51 UTC

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TL;DR;

Binance will require South African users to provide sender and beneficiary information for all crypto deposits and withdrawals starting April 30 to comply with local regulations.

Key Impact Areas

Regulatory compliance

User data requirements

Crypto deposits and withdrawals

Challenges

Complying with local regulations

Providing sender and beneficiary information

Binance to Enforce New Data Requirements in South Africa

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Verification Details

TL;DR;

Key Impact Areas

Challenges

Claims

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