South Africa extending the comment period on crypto capital flow management is interesting in a global context. Most jurisdictions are moving toward classification frameworks (MiCA, CLARITY Act), but direct capital flow controls are a different approach entirely — more about macro FX policy than investor protection. One angle I haven't seen discussed: if South Africa designates crypto as a cross-border capital movement rather than a commodity or security, it creates a third regulatory bucket that could influence how other emerging markets treat the asset class. Would that fragment compliance further, or force a more harmonized global standard?