This is particularly relevant when tokens are exchanged for fiat money. Restraining the facilitators Let me turn to the facilitators of the spread of VCs. Vigilance is warranted in view of the repeated incidents, most recently the hack of the Tokyobased VC exchange Coincheck, where € million of virtual currency was stolen.
It has also increased the transparency of monetary policy, and made the SARB more accountable for its actions. We have come a long way from the days when the Governor could decide on interest rates in his office on a Friday afternoon, and not even publicise his decision, let alone his goals or reasons.