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Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
Cryptocurrency // May 09, 2022

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4). Bank of Tanzania Governor Florens Luoga said it was important to have a “safe alternative,”...

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Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin

May 09, 2022
Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4). Bank of Tanzania Governor Florens Luoga said it was important to have a “safe alternative,” citing the rise in people “affected by cryptocurrency speculators.” He […]