South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against DevaluationNew 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 […]
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Author: toutiao