Crypto lobbying risks regulatory capture, South African cenbank boss tells Davos event

Bitcoin

DAVOS/PARIS/LONDON : Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than beef or apples. Other panellists welcomed Trump's presidency as promising big opportunities for the sector, with Coinbase CEO Brian Armstrong saying Trump's new term will draw a lot of investment into crypto. Bitcoin hit all-time

Tag-uri: Donald Trump Bitcoin

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