Tanzania Is Keen Towards Crypto Currencies
Looking at growing popularity of Bitcoin globally the giant continent of Africa is also keen to gave a thought process towards crypto currencies. Governer of Bank of Tanzania – Benno Ndulu show his interest and concern towards bringing crypto currencies to the African economy. Benno Ndulu Has Noticed Bitcoin’s Rise in Tanzania and people are keen to move towards crytocurrencies. From last spring not only in Tanzania other regions of Africa like Nigeria, Kenya are noticed where online searches are going about the decentralized nature of bitcoins. Local bitcoin is company which is doing an excellent business in this region and noticed exponent growth in bitcoin trade and other crypto currencies. Benno Ndulu noticed the rising interest of citizens for bitcoins which encourage him to bring crypto currencies at official node.
Benno Ndulu Warned Citizens
Bitcoin and other crytpo currencies are getting attention in Tanzania. Country’s Central Bank along Ndulu clearly mentioned in a press conference that citizen should understand their risk. Till the time any regulations come into operations Bank of Tanzania (BoT) governor, Benno Ndulu want citizen should avoid risks. Bitcoins are decentralized in nature therefore any kind of fraud can be done. But still citizens are showing keen interest. Ndulu in near future is discussing with Central Bank Authorities regarding proper legislation to protect the interest of citizens.
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