Cryptocurrency is a ‘Token’, We Won’t Call it a Currency: South Africa’s Central Bank

News – CCN

South Africa’s central bank is choosing to call cryptocurrencies like bitcoin as ‘cyber-tokens’ rather than currencies, arguing they do not ‘meet the requirements of money’. The South African Reserve Bank (SARB), the country’s central bank, prefers to see cryptocurrencies as ‘tokens’ rather than currencies according to deputy governor Francois Groepe. As things stand, the authority

The post Cryptocurrency is a ‘Token’, We Won’t Call it a Currency: South Africa’s Central Bank appeared first on CCN

more info…

You might be interested in …

February 11, 2018

What Are Stablecoins and Why Are They Poised to Impact the Crypto-Economy?

What Are Stablecoins and Why Are They Poised to Impact the Crypto-Economy? Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. While the notion of a non-volatile, price-stable cryptocurrency is […]

January 23, 2019

McAfee to Lead 2020 Presidential Campaign ‘in Exile’ After Alleged IRS Indictment

McAfee to Lead 2020 Presidential Campaign ‘in Exile’ After Alleged IRS Indictment United States entrepreneur and serial cryptocurrency advocate John McAfee has fled the country to conduct his 2020 presidential campaign, he said in a […]

May 7, 2018

Anna Vasilevskaya – Ambrosus (AMB) Amber Coin Blow My Mind!

Anna Vasilevskaya – Ambrosus (AMB) Amber Coin Blow My Mind! Prominent Actress and Socialite shares her opinion on why Amber (AMB) is her favorite coin in the Crypto Space! In her own words “Ambrosus coin […]