Ethiopia’s Central Banks Says Cryptocurrency Payments Are Illegal

The National Bank of Ethiopia (NBE) has revealed that it never gave authorization for cryptocurrencies to be used in the country as payment methods, local media reported Monday. Crypto Payments Illega...

Ethiopia’s central bank says it’s illegal for businesses to accept Bitcoin

The National Bank of Ethiopia (NBE) has issued a proclamation declaring that all financial transactions in the nation must be paid in the nation’s currency, the Birr, unless otherwise permitted by the...