Tag: tanzania

Nov 28 2021

Tanzania Central Bank Reportedly Prepares To Launch CBDC

Tanzania has reportedly started exploring a Central Bank Digital Currency (CBDC). The country is following the footsteps of Nigeria, which launched its own digital currency last month. Other African countries have similarly announced plans to launch CBDCs. Tanzania Explores CBDC According to a Bloomberg...

Nov 26 2021

Tanzania Set to Launch Its Digital Currency

Nov 26 2021 Published at Coingape under tags  bahamas cbdc cbdc news nigeria cbdc tanzania

According to a statement issued by the Governor of the Bank of Tanzania, Florens Luoga, the African nation is reportedly making plans to issue its own central bank-issued digital currency (CBDC). Tanzania Prepares To Launch Its CBDC As many African nations continue to tap into the digital currency initiative, Tanzania may be finally ready to The post Tanzania Set to Launch Its Digital...

Nov 15 2021

Zanzibar Closing In On Crypto Adoption, As African Crypto Market Surges Over 1,200%

Zanzibar like many other African countries is already considering adopting Bitcoin, as the African crypto market saw more than a 1,200% surge in just a year. According to reports, the government of Zanzibar — a Tanzanian archipelago off the coast of East Africa, is reportedly weighing its options with regards to how it can regulate The post Zanzibar Closing In On Crypto Adoption,...

Jun 26 2021

Tanzania Central Bank Acts on President’s Cryptocurrency Directives

The central bank of Tanzania has revealed it is currently acting on President Samia Suluhu Hassan's directives on cryptocurrency. The latest development from the Central Bank of Tanzania may trigger the removal of the previous embargo placed on the digital assets in 2019, reports indicate. President Hassan, who rode to power after the demise of John Pombe Magafuli in March this year, recently...

Jun 14 2021

Tanzania’s president is now calling for Bitcoin and crypto adoption

Jun 14 2021 Published at CryptoSlate under tags  adoption payments tanzania

In what appears to be the latest move by a sovereign country to embrace cryptocurrency, Tanzania's President Samia Sulhulu has asked the country's Central Bank to start exploring the crypto sector, as per local outlet The Citizen. President of Tanzania...

Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has...

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