Bank of Uganda welcomes digital asset firms into its regulatory sandbox
The move seems like a U-turn after the regulator issued a warning to financial firms a month ago warning them against facilitating digital asset transactions.
The move seems like a U-turn after the regulator issued a warning to financial firms a month ago warning them against facilitating digital asset transactions.
The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while reminding the public of Bitcoin’s risks.