Tanzanian President intends to boost the Cryptocurrency sector

Samia Suluhu Hassan, President of Tanzania, has told the East African country’s financial chiefs to prepare for cryptocurrency, following El Salvador announcement of its adoption of Bitcoin as legal tender and among several other South and Central American nations signaling their readiness to jump on board.

President Hassan emphasized the increasing impact of digital assets on global finance, stating: “We have witnessed the emergence of a new journey through the internet.” She further stated that there is a lack of crypto acceptance and development in East Africa:

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