Crypto Regulations

National Bank of Rwanda prohibits companies to make crypto transactions

According to the recent decision by the National Bank of Rwanda (NBR), regulated financial service companies can no longer enable crypto-related transactions. Acting Governor Soraya Hakuziyaremye notes the unregulated condition of most crypto assets leaves consumers without the “guarantees and safety associated with regulated financial services.” NBR has also stated that financial service providers in …

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All that Glitters is Not Gold: Debunking UNCTAD Policy Brief Justification on Cryptocurrencies Regulations

The United Nation Conference on Trade and Development (UNCTAD) has weighed in on the rally and has called on the regulation of cryptocurrency in a recent policy paper No. 100 – All that glitters is not gold: The high cost of leaving cryptocurrencies unregulated. What is problematic is the masquerading nature of the policy brief …

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