“The SARB’s electronic legal tender, as its name suggests, would become legal tender for South Africans. Legal tender is banknotes and coin (physical or digital) that must be accepted by every citizen and corporation if offered in payment of a debt. … This introduction of a new currency format is a big deal for all South Africans and other citizens globally. New forms of currency don’t come along every day.”
Read the full article on: SA Crypto (South Africa)