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South African Reserve Bank Governor: Will Not Follow the US in Hoarding Bitcoin

2025-01-22 12:56

Odaily News South African Reserve Bank Governor Lesetja Kganyago said that if the United States began to hoard Bitcoin, South Africa is unlikely to follow suit, questioning the merits of the decision, and that South Africa is focused on central bank digital currencies (CBDCs) and blockchain practicality rather than Bitcoin's use as a store of value. (Cointelegraph)