Zimbabwe’s central bank has recently banned domestic financial institutions from dealing with cryptocurrencies, local media outlet NewsDay reports today, May 12.
The Central Bank of Kenya has issued a warning to all banks within the country to desist from dealing in cryptocurrency investment owing to its lack of regulation and recognition as legal tender.
Blockchain startups and similar technologies across the African continent are getting attention, especially among youths from 20 to 45 years of age.
A lot of people has already heard about Bitcoin and other cryptocurrencies mostly thanks to the radical increase in the value of the market they are part of. However, not many have heard of the technology that makes their existence possible…