How do cryptocurrencies work?

JOHANNESBURG - There was a breakthrough in 2024  for crypto-currencies with many record-breaking highs.

This year, the crypto industry anticipates additional vital legislation, that promises to further integrate digital assets into the broader South African financial system.

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Bitcoin is the first decentralised cryptocurrency and is currently valued at just over 1,840,000 per coin.

Experts believe that it could increase to almost R20 million within in the next 4 years.

eNCA business desk files this report.

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