9 Mar 2021 / Loni Prinsloo and Roxanne Henderson, Bloomberg1
SA authorities “have been incredibly slow in terms of regulation in the industry and that leads to businesses looking internationally,” Revix CEO Sean Sanders said.
Tether accounts for more than half of all bitcoin trading. It claims to be fully backed 1:1 by the US dollar, but there is no independent audit to verify this.
Moneyweb requires cookies to function properly. By continuing to use our website, we assume you are okay with it. For more information on how we use cookies and how to disable it, please read our
Terms of use.
