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Tanzania embraces Bitcoin, bucking East African trend

  • The new president has encouraged Tanzania’s regulator to prepare to adopt Bitcoin

  • This is a significant change in a country where Bitcoin is currently prohibited

  • Other East African countries have yet to show any change of sentiment on the cryptocurrency

Tanzania embraces Bitcoin, bucking East African trend
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
15 June 2021
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