East Africa to set up common central bank in its march toward single currency
The decision on where to set up the East African Monetary Institute will be made this year, as the region lays the foundation for a single regional currency.
Latest Uganda News
Uganda Financial Intelligence Authority calls for digital currency regulation
The Financial Intelligence Authority has been working on a campaign to get digital currency firms to register, but officials say only a few had heeded the call.
Binance Uganda is shutting down
Binance Uganda, the Binance-brand exchange that launched in 2018, is closing its doors for good at the end of this month (November 28th).
Uganda creates a committee of experts to focus on crypto
Uganda is seeking to bring cryptos under the purview of the regulators, creating a committee that will look into how best to regulate them and foster growth.
Over 5,000 victims of Dunamiscoins scam seek gov’t help
Victims of the Dunamiscoins cryptocurrency scam have turned to the Ugandan Parliament for help to get their lost money back.
Dunamiscoins directors charged with crypto fraud in Uganda
Uganda-based Dunamiscoins was the subject of 4,000 complaints to local authorities following its unexpected collapse in December.
Uganda crypto scam leader arrested
Police in Uganda have arrested the director of a crypto scam that defrauded investors and employees alike of over $2.7M. On the hunt for four others.
Uganda crypto scam targets investors and employees
A crypto scam in Uganda closed its offices abruptly, taking off with money from dozens of investors and employees.
Uganda president backs use of blockchain to tackle fake drugs
Uganda is hoping blockchain can help root out the problem of counterfeit drugs by tracking the legitimate ones.
Uganda conducting research on cryptos as it seeks to regulate them
As cryptocurrencies increase in popularity throughout Africa, countries like Uganda are racing to regulate them.
Crypto in Africa: Crypto trade termed risky in Uganda
Uganda’s central bank continues to warn against cryptos, while a survey shows Africans are getting confused by digital currencies.
Crypto in Africa: Kenya, Uganda and South Africa crypto markets
Cryptocurrency continues to make progress in Kenya, Uganda and South Africa, despite government reluctancy to support the new technology.