Ugandan officials claimed that they could also shut down the internet-free, encrypted messaging app last week, but haven't done so yet.
Uganda News
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A developer behind Jack Dorsey–linked messaging app Bitchat questioned Uganda’s claim that it can disable the service ahead of next week’s election.
4145 - Analysis
India is urging other countries to develop CBDCs, and China is expanding the use of its digital yuan, allowing banks to offer interest on e-CNY wallets.
3237 - News
Google Trends search for “Bitchat” in Uganda shows a spike from 0 to 100 on Wednesday, the day after opposition leader Bobi Wine urged people to download it.
3712 - News
The Bitcoin community helped Uganda’s Brindon Mwiine travel to BTC Prague after winning tickets for his adoption efforts in East Africa.
3107 - Altcoin Watch
STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse.
5256 - Analysis
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise.
97337 - News
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.
5448 - News
The tour will begin in Zanzibar on Oct. 23 before continuing on to Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique, Zimbabwe, and Tanzania.
3159 - News
With exchanges slow to fall under FIA oversight, Uganda’s AML watchdog wants the government to make a move on crypto regulations.
9519 - News
Uganda’s government has reportedly allocated land for Akon’s crypto-city development project in the country.
12284 - News
The world’s largest crypto exchange announced two subsidiary suspensions within one month.
12217 - News
BNB seems to have failed to meet certain standards on Binance's Uganda platform.
8636 - News
13,000 South Korean ATMs will soon facilitate fiat withdrawal and international remittance services using Litecoin.
7320 - News
The Ugandan government is reported to be making moves in banning pyramid schemes, which may put additional restriction for cryptocurrency usage and reporting.
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