SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

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Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into…