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Cryptocurrency is an increasingly dominant topic of conversation in the re-opened pubs of the Square Mile as professional investors try to understand whether they are a genuine asset class or simply the latest in a long list of financial manias.
Bitcoin has smashed through all-time price highs in 2021 - and many other cryptocurrencies have too. Many South Africans hold strong views - that Bitcoin is a scam, a crashing bubble and that it has no intrinsic value at all. What is all the fuss about? Is it just a passing fad or the future of money?
Bitcoin and cryptocurrencies are booming and interest by individuals, corporations and even governments is increasing.
The strongest deterrent against FSP compliance missteps is or should be: