President of Tanzania 🇹🇿 calls on the central bank to prepare for the "use of cryptocurrency"

President Samia Suluhu Hassan has called on the Central Bank of Tanzania to prepare for the use of cryptocurrencies / blockchain, as it may come at a time when changes taking place elsewhere have entered Tanzania. The President issued the directive earlier today while inaugurating the Central Bank of Tanzania building in Mwanza Region, stating that technological change and the growth of globalization are making many changes, including in the financial sector.

“We have witnessed the emergence of a new journey through the internet. I know that in the country, including Tanzania, they have not accepted or started using these trips. However, my call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared.” President Samia instructed.

Source: https://swahilitimes.co.tz/2021/06/rais-aiagiza-bot-kujiandaa-na-matumizi-ya-sarafu-za-kimtandao-cryptocurrency/

The above article is in Swahili and was translated using google translate.

Credit:

https://np.reddit.com/r/CryptoCurrency/comments/nz1c6m/president_of_tanzania_calls_on_the_central_bank/

Submitted June 13, 2021 at 11:29PM by simplelifestyle https://ift.tt/2U2N1Dw https://ift.tt/2Z7cX2s