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South Africa’s $566M Bitcoin Move Ignites Regulatory Firestorm
South Africa’s $566M Bitcoin Move Ignites Regulatory Firestorm
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A half-billion-dollar crypto shuffle throws gasoline on the country’s simmering digital asset debate. Regulators scramble as decentralized finance laughs from the sidelines.
When $566 million in Bitcoin changes hands without permission slips, bureaucrats reach for their rulebooks—and their antacids. Meanwhile, traders keep stacking sats, because Wall Street’s ‘play by the rules’ strategy hasn’t exactly crushed it this decade.
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