South Africa's crime situation is spiraling out of control. Calls for Ramaphosa to declare a state of emergency.
This matters for crypto: unstable regions often see capital flight into $BTC and stablecoins. Watch ZAR pairs and P2P volumes in SA - historically spikes during political/security crises.
If things escalate, expect more South Africans moving wealth offshore through crypto rails. Keep an eye on LocalBitcoins/Paxful SA data.
This matters for crypto: unstable regions often see capital flight into $BTC and stablecoins. Watch ZAR pairs and P2P volumes in SA - historically spikes during political/security crises.
If things escalate, expect more South Africans moving wealth offshore through crypto rails. Keep an eye on LocalBitcoins/Paxful SA data.