Ethiopia Prepares to Regulate Crypto, Even as Official Ban Stays Put

Ethiopia Moves Toward Crypto Oversight Despite Active Ban on Trading

The post Ethiopia Moves Toward Crypto Oversight Despite Active Ban on Trading appeared first on Coinworldstory. Ethiopia begins crypto regulation training despite trading ban, aiming to monitor illegal use and prepare for possible future legalization. The post Ethiopia Moves Toward Crypto Oversight Despite Active Ban on Trading appeared first on Coinworldstory.

Ethiopia Prepares to Regulate Crypto, Even as Official Ban Stays Put

Ethiopia maintains a crypto ban but is developing systems to regulate the sector. Financial experts are receiving international training to monitor illegal transactions. Officials emphasize crypto’s growing use in terrorism, fraud, and money laundering. Ethiopia is laying the groundwork for cryptocurrency regulation, despite maintaining an official ban on cryptocurrency trading. The country’s Financial Intelligence Service confirmed the move dur…