Tag: Bank of Tanzania

The Tanzanian central financial institution mentioned on May 31 that overseas foreign money sellers are required to commerce all transactions that exceed $1,000,000 inside “interbank...

After months of analysis, the Tanzanian central financial institution introduced lately that it had chosen a extra cautious and risk-based strategy in direction of the...

Officials from Tanzania’s monetary sector have referred to as for a clearer international consensus on central financial institution digital currencies (CBDCs) and crypto-assets. The officers...

Tanzanians are embracing cryptocurrencies however extra work nonetheless must be undertaken in an effort to cut back the variety of scams within the trade, a...

The Tanzanian central financial institution governor lately revealed that cryptocurrencies will not be outlawed within the nation however warned these dabbling in crypto-related investments that...

Florens Luoga, the governor of the Bank of Tanzania, stated the apex financial institution has kickstarted preparations for a central financial institution digital forex. He...

Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said....

While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists...

In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto...

In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex...