I read this article on Momday.
Digital currencirs are here: What does this mean for the new finacial world order?
South Africa got a big wake-up call on the mainstreaming of digital currencies last week when the South African Reserve Bank (SARB) announced that it would be conducting a yearlong feasability study for its own general-purpose retail central bank digital currency (CBDC).
Good news indeed, but there's more.
The Bank for International Settlements (BIS) recently found that 86% of central banks are now exploringthe benefits and drawbacks of CBDCs, nearly 60% are experimenting with their own CBDCs and 14% are already piloting projects to deploy CBDCs.
Credit goes to my newspaper , The Daily Maverick.
So yes, the onslaught has begun in earnest as not only is crypto legitimised, but the regulators will make sure that they control things to enrich the existing establishment. The Taxman awaiteth.
Just stay away from CBDCs :D
Hive it is mate, nothing else :)