The current directive, which prohibits residents of the country from using digital assets, was issued by the head ofstate in 2019. The Central Bank of the African Republic has already begun preparations to lift restrictions.
Tanzanian President Samia Hassan Suluhu instructedthe country's central bank to begin preparations for lifting the ban on cryptocurrencies, which was introduced by its predecessor in 2019. The Central Bank of Tanzania has already begun preparatory work to repeal the directive that prohibits the use of digital assets in the country.
“In the financial sector, we have witnessedthe emergence of blockchain technology or cryptocurrency. Many countries around the world have not adopted or have not started using these currencies. However, I would like to advise the Central Bank to start working on these issues. Just be ready, ”said the head of Tanzania at the opening of the Central Bank office in the city of Mwanza.
In June of this year, bitcoin was recognizedlegal tender in El Salvador. On June 25, El Salvador's President Nayyib Bukele announced that every adult who installs the state-developed Chivo crypto wallet app will receive $ 30 in bitcoin.
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