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The Reserve Bank reckons a bitcoin-style rand may be coming – and wants to cut non-banks into everyday shopping

Trending story found on www.businessinsider.co.za
 The Reserve Bank reckons a bitcoin-style rand may be coming – and wants to cut non-banks into everyday shopping
The law at the heart of South Africa's national payment system needs an update, the Reserve Bank says, and its proposal on how to do that foreshadows a fully digital national currency – and the end of banks' oligopoly on low-value retail transactions.
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