BT: Africa regulates blockchain and cryptocurrency

African governments are divided in their opinion on the use of blockchain and cryptocurrency. According to reports, Zimbabwe and Zambia started with a hard stance while Mauritius created a regulatory sandbox. The central bank of Nigeria plans to release a white paper on the use and regulation of cryptocurrency in the country.

Meanwhile, Kenya allowed blockchain tech in its private sectors. Recently, the TMT Global Coin, a blockchain-powered logistics company, used blockchain technology to improve the transparency and authenticity of its records in imports and exports. Kenya also appointed a task force that will focus on cryptocurrency.

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