
Bitcoin not a currency? South African central bank governor thinks so
The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency as he advocated for regulations.
The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency as he advocated for regulations.
The South African Reserve Bank has launched a study on the feasibility of a central bank digital currency (CBDC) as “complementary to cash.”
The South African Reserve Bank is set to implement regulations to govern crypto in Q1 next year, completing a process started in 2014.