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2. Cryptocurrency: What it is and how it works - AOL

   www.aol.com/finance/cryptocurrency-works...

   Cryptocurrency is a kind of digital currency that is intended to act as a medium of exchange. ... While cryptocurrency certainly has some potential benefits, it also has serious drawbacks that so ...

3. The Pros and Cons of Getting Paid in Cryptocurrency - AOL

   www.aol.com/pros-cons-getting-paid-crypto...

   Cryptocurrency isn’t regulated by the Securities and Exchange Commission, it isn’t traded on the stock market, it can’t be bought or sold directly in ETFs, and isn’t traded on standard ...

4. South Africa Establishes a Consultation Paper to ... - AOL

   www.aol.com/news/south-africa-establishes...

   By CCN.com: The South African Reserve Bank has released a consultation paper to regulate cryptocurrencies in the region. However, the government is seemingly introducing banking-like features to ...

5. Cryptocurrency - Wikipedia

   en.wikipedia.org/wiki/Cryptocurrency

   South Africa, which has seen a large number of scams related to cryptocurrency, is said to be putting a regulatory timeline in place that will produce a regulatory framework. [147] The largest scam occurred in April 2021, where the two founders of an African-based cryptocurrency exchange called Africrypt, Raees Cajee and Ameer Cajee ...

6. Legality of cryptocurrency by country or territory - Wikipedia

   en.wikipedia.org/wiki/Legality_of_cryptocurrency...

   The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.

7. Cashless society - Wikipedia

   en.wikipedia.org/wiki/Cashless_society

   Even though a cashless society is widely discussed, most countries are increasing their currency supply. Exceptions are South Africa whose supply of banknotes fluctuates wildly compared to most nations, and Sweden which has significantly reduced its currency supply since 2007. China's currency has decreased from 2017 to 2018

8. What is Bitcoin? - AOL

   www.aol.com/finance/bitcoin-155903136.html

   Bitcoin suffers from some significant drawbacks that are intrinsic to its design, notably its limit on the number of coins in circulation and its general volatility. 1. Bitcoin is an energy hog

9. Bitcoin - Wikipedia

   en.wikipedia.org/wiki/Bitcoin

   Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...