The Reserve Bank is working to drive financial inclusion by digitising cash and making instant payments across borders an everyday reality.
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In a bid to boost financial inclusion in South Africa, bank accounts may soon be linked to easy-to-remember identifiers like cellphone numbers. The linking of bank accounts to easy-to-remember identifiers
The South African Reserve Bank is open to issuing a national digital currency, which would likely be based on blockchain or distributed ledger technology. “If we go the route of issuing a digital currency, the objective would be to take