
Bitcoin.com News|Mar 09, 2025 05:32
🇿🇦📈 As South African firm Altvest Capital becomes the first publicly traded company to adopt Bitcoin as a strategic reserve asset, the appeal of cryptocurrencies in emerging markets is growing! 💰
Farzam Ehsani, CEO of VALR, highlights the urgency for institutions in economies like South Africa to consider Bitcoin (BTC) as a hedge against currency depreciation.
Many African currencies have faced depreciation, prompting businesses to seek alternative stores of value. BTC, with its decentralized and limited supply, is seen as a solution.
Ehsani believes Altvest's move signals a growing trend, potentially reshaping the financial landscape of the continent. 📊
What do you think about Bitcoin's role in emerging markets and its future?
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