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Articles by Nyambura Tabitha

Don’t Disrespect Our Crypto Trading Ban, Warns Burundi’s Central Bank

September 5, 2019

Burundi’s central bank has enforced an outright ban on crypto trading. | Source: ShutterstockBurundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies.The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in a statement to Bloomberg.  The Central Bank of Burundi admitted in a statement that it couldn’t offer protections for crypto users in the country.The central bank also noted that some Burundians had reportedly lost money trading virtual currencies and asked the state to intervene. The decision effectively makes popular cryptocurrencies like Bitcoin and Ethereum illegal in the country."Since virtual currencies or cryptocurrencies

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