Rwanda News News Rwanda » Cryptocurrencies: Rwanda Reaffirms Crypto Ban After Bybit Adds Franc Support
National Bank of Rwanda reaffirmed its ban on cryptocurrency use involving the Rwandan franc after Bybit introduced P2P trading support, warning of financial risks and lack of legal protections.
News Rwanda » Cryptocurrencies: New Bill Proposes 5-Year Jail, Rwf100m Fine for Illegal Virtual Assets Trading
Individuals operating virtual assets businesses without licences could face up to five years in prison and fines of up to Rwf50 million, while companies risk penalties of up to Rwf100 million under a ...
News Rwanda » Cryptocurrencies: Rwanda Central Bank Pushes Back on Bybit RWF Listing, Reaffirms Crypto Ban
Rwanda’s central bank warns crypto use with the franc remains banned after Bybit’s P2P listing, as regulators advance strict oversight rules.
News Rwanda » Cryptocurrencies: Bybit Crosses a Line in Rwanda That Binance Has Walked for Years Without Consequence
Rwanda's central bank warns against Bybit's unauthorized FRW crypto P2P trading, citing financial risks and no legal recourse.
News Rwanda » Cryptocurrencies: Rwanda Central Bank Flags Crypto Risks After Bybit Update
Rwanda warns against crypto use after Bybit adds franc trading, highlighting risks and reinforcing strict regulations on digital assets.
News Rwanda » Cryptocurrencies: Rwanda Advances Crypto Regulation After 35 Fraud Cases Reported
Rwanda parliament approves draft law to regulate virtual assets Bill targets fraud, money laundering, and consumer protection risks Framework aims to boost trust and support digital asset market ...
News Rwanda » Cryptocurrencies: What to know as Rwanda explores digital currency
The National Bank of Rwanda (BNR) is exploring the development of a Central Bank Digital Currency (CBDC) – a digital version of the Rwandan franc (e-Franc-Rwandais). On August 1, BNR launched a retail ...