Tag: tanzania

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...

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...

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,...

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...

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...

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...