South African Reserve Bank governor Lesetja Kganyago was met with some surprise during a discussion at the World Economic Forum (WEF) in Davos when he questioned the value of a government Bitcoin strategic reserve — asking somewhat glibly why countries don’t have beef or mutton reserves instead.
However, much of what he said during the 45-minute panel was serious, insightful and on point. He repeatedly called for clear and consistent regulation of digital assets or cryptocurrencies, a stance we at Luno — South Africa’s longest-established crypto exchange — wholeheartedly support...
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