Central Bank of Tanzania Should Strive for Crypto Adoption

Other nations are slowly adopting Bitcoin. The first nation to accept bitcoin as legal tender was El Salvador.

The President of Tanzania, Samia Suluhu Hassan, outlined the nation’s need for cryptocurrency adoption. She stressed out that the East African region still falls behind other, more advanced regions.

”I know that throughout the nation, including Tanzania, they have not accepted or started using these routes. However, my call to the Central Bank is that you should start working on that development.”

President Hassan, believed that cryptocurrencies will shape the future of finance.

”The Central Bank should be ready for the changes and not be caught unprepared.”


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