By Elizabeth Howcroft and Iain Withers
SURROUNDED by crypto executives buoyed by Donald Trump’s presidency, South Africa’s central bank chief has criticized industry lobbying of U.S. policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than beef or apples.
Other panellists welcomed Trump’s presidency as promising big opportunities for the sector, with Coinbase CEO Brian Armstrong saying Trump’s new term will draw a lot of investment into crypto.