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Cryptocurrencies: 29430
Markets: 111511
Market Cap: $2,196,330,572,952     
24h Vol: $51,333,367,018
Bitcoin.com 2023-02-14 09:30:27

Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions

Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto assets and how this leaves users without the “guarantees and safeguards associated with regulated financial
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