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Learning & News => News related to Crypto => Topic started by: CryptoGirl on November 23, 2017, 10:00:46 PM

Title: Zimbabwe's central bank, Bitcoin not legal In Southern Africa
Post by: CryptoGirl on November 23, 2017, 10:00:46 PM
Norman Mataruka, director and registrar for the Reserve Bank of Zimbabwe, said that "bitcoin ... is not actually legal" for use within the country.

Mataruka went on to say:
Quote
"In Southern Africa, what we have done as regulators, we have said that we will not allow [bitcoin] in our markets."

http://www.chronicle.co.zw/bitcoin-is-not-legal-rbz/

The central bank of Namibia announced last month that it would prohibit the formation of cryptocurrency exchanges, as well as ban bitcoin's use for goods and services payments.