Central African bank regulator reminds member states of crypto ban, Reuters reports - Aliens: AI Crypto News & Markets Updates

Central African bank regulator reminds member states of crypto ban, Reuters reports

Sat, May 14, 2022

Aliens TLDR

Central Africa's regional banking regulator reminded member states on Friday of its ban on cryptocurrencies, just weeks after the Central African Republic (CAR) made bitcoin legal tender, Reuters said .

Still, the Banking Commission of Central Africa, which regulates the banking sector in the six-nation Economic and Monetary Community of Central Africa, to which CAR belongs, said its prohibition was meant to ensure financial stability, according to Reuters

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