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.

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State Minister for Planning, Amos Lugoloobi said the government could no longer afford to turn a blind eye to cryptocurrency. (Photos by Edith Namayanja)
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#Cryptocurrency trade #Law

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

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