Addis Ababa, Ethiopia | Xinhua | The National Bank of Ethiopia (NBE), the central bank, on Wednesday announced that it will offer a ransom in reward as part of ongoing efforts to crackdown hoarding, illicit transfer and transaction of foreign currency and gold. The bounty follows the suspension of bank accounts …
Read More »Ethiopia central bank warns against trading in digital currencies
Addis Ababa, Ethiopia | Xinhua | Ethiopia’s central bank on Monday told Ethiopians not to engage in “illegal” transactions in digital currencies. The National Bank of Ethiopia (NBE) said digital currencies like crypto-currencies and bitcoins haven’t been recognized by the NBE as a transactional and payment method, state affiliated Fana Broadcasting …
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