The new Regulations of Interception of Communications and Provision of Communication-Related Information Act could prove problematic for crypto providers, who face fines of up to R5 million if they fail to co-operate with the government. . .. The new Regulations of Interception of Communications and Provision of Communication-Related Information Act could prove problematic for crypto providers, who face fines of up to R5 million if they fail to co-operate with the government . The new Act - which is not available to the public despite becoming law at the end of December - makes provision for stiff penalties for "decryption key holders" who fail to comply with a decryption order. These include 10-year jail sentences and R2 million fines for individuals, and fines of up to R5 million for companies. A decryption order can be issued to anyone thought to be able to assist in decrypting a message, such as an e-mail, intercepted under the Act. Thanks to a broad definition of a decryption key, which includes any algorithm, code or password that can put a message in intelligible form, such an order could also be issued to the companies that make or distribute crypto software. . Recent guidelines present obstacles for cryptocurrency firms navigating significant penalties enforced by surveillance legislation.. Interception Regulations, Crypto Providers, Compliance Challenges, Data Encryption, Communication Law. . LinuxSecurity.com Team
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