Category: exchange control

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Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise

March 11, 2023

The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. This rise in demand has been caused by several factors which led the population to believe there might be a devaluation…
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Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

July 30, 2022

Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a…
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