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3232South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
https://www.digit.info/south-african-companies-convert-cash-holdings-into-btc-crypto-asset-is-hedge-against-devaluation/
Tue, 30 Mar 2021 00:00:38 +0000https://www.digit.info/2021/03/30/south-african-companies-convert-cash-holdings-into-btc-crypto-asset-is-hedge-against-devaluation/Read more]]>New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […]