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Bank of Tanzania Warns Public Against Use of Cryptocurrencies

Bank of Tanzania in a public notice has warned the public against using cryptocurrencies. Furthermore, the notice states that cryptocurrencies are not legally authorized in Tanzania. Tanzanian Shilling – The Only Acceptable Legal Tender The notice further mentions that it has noted a growing trend among the public engaging in cryptocurrency-based activities. Also, the latter highlights

Bank of Tanzania in a public notice has warned the public against using cryptocurrencies. Furthermore, the notice states that cryptocurrencies are not legally authorized in Tanzania. Tanzanian Shilling – The Only Acceptable Legal Tender The notice further mentions that it has noted a growing trend among the public engaging in cryptocurrency-based activities. Also, the latter highlights