Andrew Kawere

Auto Added by WPeMatico

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox

by

The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Blockchain Association of Uganda (BAU). BAU Members Asked to Acquaint Themselves Sandbox Regulations The Ugandan central bank has said following talks … Read more

Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions

by

The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The central bank warned it will not hesitate to act against entities found to be in breach of the country’s laws. No Entity Issued License to … Read more