Wednesday, June 8, 2022

Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions

The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of settling transactions in Ethiopia. The Ethiopian central bank has warned citizens against engaging in “illegal” cryptocurrency […] The post Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions first appeared on PR Business News Wire.
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