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African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency

Post author:MiamiCrypto
Post published:September 6, 2021
Post category:Blockchain Central Banks cross border trade crypto trading Cryptocurrency regulation Digital Currencies Emerging Markets Financial Markets Foreign exchange Gospel Obele medium of exchange

A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African…

South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’

Post author:MiamiCrypto
Post published:August 30, 2021
Post category:Blockchain Cryptocurrency Emerging Markets Fintech Lesetja Kganyago medium of exchange Regulation South African Reserve Bank (SARB)Store of value

The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as…