SMM: (ed.12) Illegitimate government policies raise self-custody imperative

The South African government is attempting to apply capital control regulations to the crypto industry. These regulations are an apartheid government relic and are difficult to apply to crypto. Bitcoin’s decentralized, permissionless and censorship resistant technology will find ways to circumvent regressive regulations. If government undertakes the large administrative burden required to execute these policies … More SMM: (ed.12) Illegitimate government policies raise self-custody imperative

Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread

This is a research piece on the bitcoin arbitrage opportunity between South African exchanges and global exchanges. It’s not relevant for non-South African readers. Concept Bitcoin (BTC) is purchased through BTCZAR markets in South Africa, which is different to BTCUSD markets globally. When converting the BTCZAR price into USD, we tend to see a spread … More Bitcoin Bulletin: Arbitrage opportunity on ZAR-USD bitcoin spread