The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk.
Central Bank Open to Ideas
The governor of the Bank of Tanzania (BOT), Florens Luoga, recently stated that the central bank has not outlawed cryptocurrencies and that those putting money into crypto-related investments are doing so at their own risk.
Also, in his remarks published by The Citizen, Luoga revealed that the BOT — which is now exploring the possibility of issuing a digital currency — is nonetheless open to any ideas on how it can regulate cryptocurrencies.
“We can’t outlaw something that we are not yet competent with or regulate a game that we don’t really know how it is played. We have not reached a position where we can costerise [sic] cryptos, but we welcome applications from interested parties. All should feel free to present their ideas for consideration,” Luoga is quoted explaining.
By asking for the opinion of interested parties, Luoga appears to be reiterating an earlier promise to heed President Samia Suluhu Hasan’s call on the country’s finance chiefs to prepare for crypto. As reported by Bitcoin.com News in July, after the president made the call, the Tanzanian government took the first step through its ICT ministry when it announced the creation of a blockchain advisory team. Later, the central bank itself promised it would heed the president’s call.
The Central Bank’s CBDC Plan
Now, less than six months later, Luoga appeared to make good on this promise when he told financial sector stakeholders meeting in the national capital that the public is still allowed to dabble in cryptocurrencies. This is in contrast to the BOT’s position in 2019 which suggested that trading in cryptocurrencies violated foreign exchange regulations.
Concerning the BOT’s plan to eventually launch a digital currency, Luoga is quoted explaining that the central bank’s objective “is to minimise, if not mitigate, the possible effects of a CBDC on the central bank’s core business of monetary policy, financial stability and integrity, and payment system structure and development.”
What are your thoughts about this story? Tell us what you think in the comments section below.
639393 594353Some genuinely fascinating details, well written and usually user genial . 215517
46071 333198Wonderful post, I feel website owners should acquire a lot from this internet website its very user pleasant. 269014
855138 872981Quite fascinating info!Perfect just what I was seeking for! 836788
What i don’t realize is in truth how you’re not really a lot more neatly-preferred than you may be now.
You’re very intelligent. You recognize therefore significantly on the subject of this topic, produced me for my part
imagine it from numerous numerous angles. Its like men and women don’t seem to be involved unless it’s one thing to
accomplish with Woman gaga! Your personal stuffs
excellent. At all times take care of it up!
Good answers in return of this difficulty with solid arguments and telling all about that.
I am really loving the theme/design of your website.
Do you ever run into any browser compatibility problems?
A number of my blog visitors have complained about my blog not working correctly in Explorer but looks great in Safari.
Do you have any tips to help fix this issue?
Excellent website you have here but I was wondering if you knew of any community forums that cover the same topics
discussed in this article? I’d really love to be a part of online community where I can get advice from other knowledgeable people that
share the same interest. If you have any suggestions,
please let me know. Thanks!
Hi to all, it’s really a good for me to pay a quick visit
this website, it consists of helpful Information.
Thanks , I’ve just been looking for info about this topic for a while and yours is the best I’ve found out so far.
But, what about the bottom line? Are you positive about the source?
Hi there, just became aware of your blog through Google, and
found that it’s really informative. I’m going to watch out for brussels.
I’ll appreciate if you continue this in future. Numerous people will be benefited from your writing.
Cheers!
Very quickly this site will be famous among all blogging and site-building viewers, due to it’s
fastidious articles
Do you have a spam issue on this website; I also am a blogger, and I was wanting
to know your situation; many of us have created some nice methods and we are
looking to exchange strategies with others, why not shoot me an e-mail if interested.
Very great post. I simply stumbled upon your blog and wanted
to mention that I have truly enjoyed browsing your weblog posts.
In any case I’ll be subscribing in your feed and I hope you write again very
soon!
It is in point of fact a great and helpful piece of
info. I am happy that you just shared this useful
info with us. Please keep us up to date like
this. Thanks for sharing.
It’s very trouble-free to find out any topic on net as compared to books, as
I found this paragraph at this website.
I’m curious to find out what blog platform you happen to be utilizing?
I’m experiencing some minor security issues with my latest website
and I would like to find something more safeguarded.
Do you have any suggestions?
Hurrah! Finally I got a blog from where I be capable of in fact obtain useful facts concerning my study and knowledge.
Does your site have a contact page? I’m having trouble locating it
but, I’d like to send you an email. I’ve got some suggestions for your blog
you might be interested in hearing. Either way, great site
and I look forward to seeing it grow over time.
If you are going for most excellent contents like I do, only pay
a quick visit this site every day for the reason that it offers
feature contents, thanks
hey there and thank you for your information – I have certainly
picked up anything new from right here. I did however expertise a few technical
points using this website, since I experienced to reload
the web site lots of times previous to I could get it to
load properly. I had been wondering if your hosting
is OK? Not that I’m complaining, but sluggish loading instances times will very
frequently affect your placement in google and could damage your quality score
if ads and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and could look out for
a lot more of your respective exciting content.
Make sure you update this again soon.
Thanks designed for sharing such a nice idea, article is nice, thats why i have read it completely
I am not sure where you are getting your info, but great topic.
I needs to spend some time learning much more or understanding more.
Thanks for magnificent information I was looking for
this information for my mission.
Keep this going please, great job!
It’s awesome to pay a quick visit this website and reading the views
of all friends on the topic of this paragraph, while I am also keen of getting know-how.
Hello to all, how is all, I think every one is getting
more from this web site, and your views are good designed for new users.
Oh my goodness! Awesome article dude! Thank you so much, However I
am encountering problems with your RSS. I don’t understand why I
cannot subscribe to it. Is there anybody else
having identical RSS problems? Anybody who knows the answer will
you kindly respond? Thanx!!
I’m really loving the theme/design of your blog.
Do you ever run into any web browser compatibility issues?
A small number of my blog audience have complained about my website not operating correctly in Explorer
but looks great in Firefox. Do you have any advice to help fix this problem?
When some one searches for his essential thing, thus he/she desires to
be available that in detail, so that thing is maintained over here.
Nice blog here! Also your site loads up very fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my website loaded up as fast as yours lol
Hey just wanted to give you a quick heads up. The text
in your content seem to be running off the screen in Firefox.
I’m not sure if this is a format issue or something to do with browser compatibility but I
thought I’d post to let you know. The layout
look great though! Hope you get the problem solved soon. Thanks
I’m amazed, I must say. Rarely do I encounter a blog
that’s equally educative and entertaining, and without a doubt, you’ve hit the nail on the head.
The issue is something too few folks are speaking intelligently about.
I’m very happy that I found this in my hunt for something regarding
this.
Great post. I was checking continuously this blog and I’m
impressed! Extremely helpful information specially the last part :
) I care for such information a lot. I was looking for this particular information for a very long time.
Thank you and best of luck.
If some one wants expert view regarding blogging after that i recommend him/her to go to see
this web site, Keep up the fastidious job.
I like what you guys are usually up too. This sort
of clever work and coverage! Keep up the excellent works guys I’ve you guys to my blogroll.
Greetings from Los angeles! I’m bored to death at work so I decided to check
out your blog on my iphone during lunch break.
I really like the knowledge you present here and can’t wait to take a look when I
get home. I’m surprised at how fast your blog loaded on my mobile ..
I’m not even using WIFI, just 3G .. Anyhow, wonderful blog!
I’m really enjoying the design and layout of your blog. It’s a very
easy on the eyes which makes it much more enjoyable
for me to come here and visit more often. Did you hire
out a developer to create your theme? Exceptional work!
This piece of writing will assist the internet visitors
for creating new weblog or even a blog from start to end.
Hi there, You have done an incredible job. I will definitely digg it and personally recommend to my friends.
I’m confident they will be benefited from this website.
I’m impressed, I have to admit. Rarely do I encounter a blog that’s both equally educative and
interesting, and without a doubt, you have hit the nail on the
head. The problem is something which not enough folks are speaking intelligently about.
I am very happy that I stumbled across this in my hunt for something relating to this.
What’s up to all, how is the whole thing, I think every one is getting more from this site,
and your views are fastidious for new users.
Please let me know if you’re looking for a writer for your weblog.
You have some really great articles and I believe I would be a good asset.
If you ever want to take some of the load off, I’d really like to
write some material for your blog in exchange for a link back to mine.
Please blast me an e-mail if interested. Many thanks!
Howdy! I’m at work browsing your blog from my new iphone!
Just wanted to say I love reading your blog and look
forward to all your posts! Carry on the great work!
This info is priceless. How can I find out more?
If some one needs to be updated with latest technologies therefore he must
be go to see this web page and be up to date daily.
Very nice post. I just stumbled upon your weblog and wished
to say that I have really enjoyed browsing your blog posts.
In any case I will be subscribing to your rss feed and I hope you write again very soon!
I think that what you typed was very logical.
But, what about this? suppose you were to write a awesome
title? I mean, I don’t wish to tell you how to run your blog, however suppose you added a title
that makes people desire more? I mean Tanzanian Central Bank Governor:
Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk – The Cryptonium – Cryptocurrency & Bitcoin – Rates
& News is a little plain. You should peek at Yahoo’s front page and watch how they
write news titles to grab viewers to open the links.
You might add a video or a related pic or two to get people interested about everything’ve written. In my opinion, it could make
your posts a little livelier.
I love your blog.. very nice colors & theme. Did you design this
website yourself or did you hire someone to do it for you?
Plz respond as I’m looking to construct my own blog and would like to know where u got this from.
many thanks
I like what you guys are usually up too. This kind of clever work and reporting!
Keep up the terrific works guys I’ve you guys to our blogroll.
Excellent website. A lot of useful information here.
I am sending it to several friends ans additionally sharing in delicious.
And of course, thanks for your sweat!
What i don’t understood is in fact how you’re not actually much more
smartly-liked than you might be right now. You’re so intelligent.
You know thus considerably in relation to this subject, made me personally believe it from numerous
various angles. Its like men and women aren’t
interested unless it is one thing to accomplish with Woman gaga!
Your individual stuffs great. At all times care for it up!
If you want to grow your know-how just keep visiting this website and be updated with the most recent news posted here.
Hi! Someone in my Facebook group shared this site with us so I came to take a look.
I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers!
Great blog and amazing design.
I know this website provides quality dependent articles and additional information,
is there any other web site which provides these kinds of stuff
in quality?
Hi there to all, because I am truly keen of reading this website’s post to be updated regularly.
It carries pleasant data.
It’s going to be finish of mine day, but before end
I am reading this wonderful piece of writing to increase my know-how.
Your style is very unique compared to other people I have read stuff from.
I appreciate you for posting when you have the opportunity, Guess
I’ll just bookmark this blog.
Good post. I learn something new and challenging on sites I stumbleupon on a daily basis.
It will always be useful to read articles from other writers and practice something from other sites.
I read this post completely concerning the resemblance of newest and previous technologies,
it’s remarkable article.
Asking questions are genuinely fastidious thing if you are not understanding something completely, but this post offers nice understanding yet.
Nice answer back in return of this issue with genuine arguments and describing everything
regarding that.
Its such as you read my thoughts! You seem to understand so much approximately this, like you wrote the guide in it or something.
I think that you just can do with a few p.c.
to pressure the message house a little bit, however other than that, this is great blog.
An excellent read. I’ll definitely be back.
Hello there, just became alert to your blog through Google, and found that it is really informative.
I’m gonna watch out for brussels. I’ll appreciate if you continue
this in future. Many people will be benefited from your writing.
Cheers!
Hiya! Quick question that’s entirely off topic. Do you know how to make
your site mobile friendly? My site looks weird when browsing from my iphone4.
I’m trying to find a template or plugin that might be able to fix this issue.
If you have any recommendations, please share. Many thanks!
Hi, i think that i saw you visited my blog so i came to
“return the favor”.I am trying to find things to enhance my website!I suppose its ok to use a
few of your ideas!!
Hello there! I know this is kinda off topic nevertheless I’d figured I’d ask.
Would you be interested in trading links or maybe
guest writing a blog post or vice-versa? My website goes over a lot
of the same topics as yours and I feel we could greatly benefit from
each other. If you happen to be interested feel free to shoot me an e-mail.
I look forward to hearing from you! Superb blog by the way!
It is not my first time to visit this web page, i am browsing this
web site dailly and obtain good data from here everyday.
Do you mind if I quote a few of your posts as long as I provide credit
and sources back to your weblog? My blog is in the very
same area of interest as yours and my users would really benefit from some of the information you present here.
Please let me know if this ok with you. Thanks a lot!
If you would like to grow your know-how only keep visiting this website and be
updated with the hottest gossip posted here.
This is very interesting, You are a very skilled blogger.
I have joined your feed and look forward to seeking more of your great post.
Also, I’ve shared your site in my social networks!
I really love your website.. Very nice colors & theme.
Did you create this website yourself? Please reply back as I’m
wanting to create my own personal blog and would like to find out where you
got this from or exactly what the theme is named.
Appreciate it!
Wonderful site. Lots of useful information here. I am sending it to several pals ans also sharing in delicious.
And of course, thank you for your sweat!
Link exchange is nothing else but it is only placing the other person’s weblog link on your page at appropriate place and other person will also do similar in favor of you.
Hmm it seems like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I submitted and say,
I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to everything.
Do you have any tips and hints for rookie blog
writers? I’d certainly appreciate it.
Hey there just wanted to give you a quick heads
up. The words in your content seem to be running off the screen in Internet explorer.
I’m not sure if this is a format issue or something
to do with browser compatibility but I thought I’d post to
let you know. The layout look great though! Hope you get the problem resolved soon. Cheers
Hello There. I found your blog using msn. That is a really well written article.
I will make sure to bookmark it and come back to learn extra of your helpful information. Thanks for the post.
I will definitely return.
Wow that was strange. I just wrote an really long comment
but after I clicked submit my comment didn’t appear.
Grrrr… well I’m not writing all that over again. Anyway, just wanted to say fantastic blog!
I know this if off topic but I’m looking into starting
my own blog and was curious what all is needed to get
set up? I’m assuming having a blog like yours would cost a pretty penny?
I’m not very web smart so I’m not 100% sure. Any recommendations or advice would be greatly appreciated.
Thanks
Very nice post. I just stumbled upon your blog and wished to
say that I have truly enjoyed browsing your blog posts.
In any case I will be subscribing to your feed and I hope you write again very soon!
Great work! That is the type of info that should be shared around the net.
Shame on the seek engines for now not positioning
this submit higher! Come on over and seek advice from my website
. Thank you =)
I’m not sure the place you are getting your info,
however great topic. I must spend a while learning much more or understanding more.
Thanks for magnificent info I was on the lookout for this info for my mission.
certainly like your web-site but you need to take a
look at the spelling on several of your posts. Many of them are rife with spelling problems and
I find it very troublesome to inform the reality nevertheless I’ll
definitely come back again.
I was curious if you ever considered changing the layout
of your site? Its very well written; I love what youve
got to say. But maybe you could a little more in the way of content
so people could connect with it better. Youve got an awful lot of text for
only having 1 or two pictures. Maybe you could space it out
better?
Way cool! Some very valid points! I appreciate you penning
this post and the rest of the site is very good.
441903 140841Hello there! Do you know if they make any plugins to protect against hackers? Im kinda paranoid about losing everything Ive worked hard on. Any suggestions? 964369
This paragraph presents clear idea in favor of the new visitors of blogging, that truly how to do blogging and site-building.
What a information of un-ambiguity and preserveness of valuable familiarity regarding unexpected emotions.
I seriously love your blog.. Great colors & theme.
Did you make this site yourself? Please reply back as I’m wanting
to create my very own blog and would like to know where
you got this from or what the theme is called. Thanks!
I’m impressed, I must say. Seldom do I come across a blog that’s both equally educative
and engaging, and without a doubt, you have hit the nail on the head.
The problem is something that too few people are speaking
intelligently about. Now i’m very happy that I stumbled across this in my hunt for something concerning this.
This website was… how do I say it? Relevant!! Finally I’ve
found something that helped me. Many thanks!
My developer is trying to convince me to move to
.net from PHP. I have always disliked the idea because of the costs.
But he’s tryiong none the less. I’ve been using Movable-type on a number of websites for about
a year and am worried about switching to another platform.
I have heard good things about blogengine.net.
Is there a way I can import all my wordpress posts into it?
Any kind of help would be really appreciated!
I am really impressed together with your writing talents and also with the format for your blog.
Is that this a paid subject matter or did you modify it
yourself? Anyway stay up the nice high quality writing, it’s uncommon to look a great blog like this one today..
Hello, after reading this remarkable paragraph i
am also delighted to share my know-how here with
colleagues.
I do believe all of the ideas you have introduced for your post.
They are really convincing and will definitely work. Nonetheless,
the posts are too short for starters. Could you please extend them a little from subsequent time?
Thank you for the post.
I don’t even know how I ended up here, but I thought this post was good.
I do not know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!