Tanzania’s president has urged the country’s central bank to prepare for wider adoption of crypto around the world.
- President Samia Suluhu Hassan said the Bank of Tanzania should “be ready for changes and not caught underprepared,” in a speech Sunday, according to reports.
- “I know that throughout the nation … they have not accepted or started using these routes. However, my call to the central bank is that you should start working on that development.”
- Her speech follows shortly after El Salvador’s adoption of bitcoin as legal tender.
- Attention will be focused on other countries that spot an opportunity in crypto to boost economic development and stabilise financial instability.
Source: Coindesk
