South Africa Establishes a Consultation Paper to Regulate and De-Anonymize Bitcoin Transactions

The South African Reserve Bank has released a consultation paper to regulate cryptocurrencies in the region. However, the government is seemingly introducing banking-like features to the crypto-markets, going against the very ethos of what Bitcoin stands for. The bank chooses to call cryptocurrencies as crypto “assets” over the former term, deeming the distinction makes it

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South Africa: Two Arrested for Kidnapping Boy, Demanding Bitcoin Ransom

By CCN.com: Two people have been arrested by police in Mpumalanga, South Africa in connection with the kidnapping of a 13-year-old boy in Witbank whose family was then told to pay the equivalent of $ 120,000 in bitcoin (approximately 32.89 BTC at press time). Local Police Nab Crypto Kidnappers South Africa’s Times reports that following the May 2018

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