PREMIUM
News

Govt mulls crypto law as transactions hit sh2.5 trillion

Lugoloobi acknowledged that while cryptocurrency remains a "rocket science" concept in Uganda, with many doubting its feasibility and others resenting it, the government could no longer afford to turn a blind eye.

State Minister for Planning, Amos Lugoloobi said the government could no longer afford to turn a blind eye to cryptocurrency. (Photos by Edith Namayanja)
By: NewVision Reporter, Journalists @NewVision

The government is considering introducing legislation to regulate the booming cryptocurrency trade, citing its growing impact on the financial ecosystem.

State Minister for Planning, Amos Lugoloobi, who

Login to begin your journey to our premium content

Tags:
Cryptocurrency trade
Law