Bitcoin- Not Legal in Zambia

Bitcoin- Not Legal in Zambia

The central bank of Zambia has announced that they don’t consider cryptocurrencies such as bitcoin as a legal tender. An economist based in Zambia, Chibamba Kanyama explained, “Even if the act was revised, the bank would end up being publicly liable for something that is outside its domain. This means the BoZ is to provide this disclaimer and guidance to the Zambian market.”

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