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Rwanda Unveils Draft Law to Regulate Virtual Assets, Providing Clarity and Oversight

Rwanda Unveils Draft Law to Regulate Virtual Assets, Providing Clarity and OversightRwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African country. The release of the draft, which identifies the Capital Markets Authority (CMA) as the regulatory authority overseeing the virtual […]

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K

Rwanda Preparing to Regulate Cryptocurrencies: ‘Cannot Get Rid of Them,’ Says Governor

Rwanda Preparing to Regulate Cryptocurrencies: ‘Cannot Get Rid of Them,’ Says GovernorRwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National Bank of Rwanda (NBR). Rwangomba anticipates the regulations will be […]

Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K