Cryptocurrency Are ‘Cyber Tokens’ Not a Money, Says South African Reserve Bank

[coinpediaJordan]

Cryptocurrency doesn’t meet the requirements of money says Francois Groepe, Deputy Governor of South African Reserve bank.  Mr. Groepe perceived cryptocurrencies as “Cyber Tokens”.

Check out here: https://coinpedia.org/news/crypto-cyber-tokens-not-money-says-sarb/

[pey]

That might be true, regarding many tokens they are not money, but bitcoin is money. I think cryptocurrencies are not all the same, so it is wrong to make decisions regarding all.

[qazgroup]

Most of the big financial institutes were not accepting cryptocurrencies but now slowly but surely each one of them is starting to accept them as real assets and next generation tech, so same will be the case here, he will also accept the worth of cryptos sooner or later.