South African Reserve Bank Governor Lesetja Kganyago
South African Reserve Bank Governor Lesetja KganyagoPhotographer: Waldo Swiegers/Bloomberg

Kganyago cautions on Stablecoin growth amid regulatory gaps

Central bank governor warns rapid stablecoin growth could undermine financial stability.
Published on

Key topics:

  • Kganyago warns stablecoins could “break apart” amid rising use.

  • Central banks must protect money’s stability and affordability.

  • South Africa’s interest-rate cuts and global financial risks discussed.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.

If you prefer WhatsApp for updates, sign up to the BizNews channel here.

By Janice Kew

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com