Uganda’s Central Bank Invites Firms To Discuss Crypto

The Bank of Uganda (BAU) has invited members of the Blockchain Association of Uganda (BAU) to share their knowledge with the central bank as it considers allowing cryptocurrency businesses to participate in its Regulatory Sandbox. The bank cited a meeting between the two parties in early May in a letter to Kwame Rungunda, the BAU’s […]

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Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox

The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions.

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Bank of Uganda Issues Warning Against Cryptocurrency

While cryptocurrency adoption is rising globally, some governments remain skeptical of the nascent market. Uganda is just one of these countries, with the administration choosing to remain on the fence as the central bank releases a new warning against the use of crypto. BoU Says It Has Not Issued Any Licences To Crypto Companies According […]

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Uganda Warns Fintech Firms Against Allowing Crypto Transactions

Bank of Uganda warns intermediaries against facilitating crypto transactions. The bank stated they have not licensed any institution to sell ...

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The Bank of Uganda Blacklists Financial Firms for Facilitating Crypto Trading

Uganda’s Central Bank has stated that it did not approve any licensed institution to sell cryptocurrencies or facilitate the trade-in of cryptocurrencies. Offenders would be backlisted. (Read More)

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Funding platform Orica partners with NGO to use NFTs to build a school in Uganda

Proceeds from Orica’s NFT auction at Malta AI & Blockchain Summit hope to fund Ssese Islands education.

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Ugandan Bitcoiner dreams of the secular economy: BTC Prague 2023

A Ugandan Bitcoiner embarked on a community-funded trip from East Africa to Central Europe after winning tickets to BTC Prague for his adoption-driving efforts in his home country. Brindon Mwiine, the founder of Ugandan-based Bitcoin (BTC) platform Gorilla Sats, set off on a whirlwind journey from Uganda’s capital Kampala to the heart of Europe on [...]

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