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Ethiopian Government Begins Crackdown on Cryptocurrency Transfers in Birr - Wazemaradio

Summary by wazemaradio.com
Wazema- In the past few weeks, Wazema has been able to learn that the Ethiopian government has begun taking steps to prevent the use of Birr for crypto-currency. In recent weeks, as part of this move, led mainly by the National Bank of Ethiopia, many popular trading apps have been banned from operating in Ethiopia. Merchants, social media content providers and influencers who use these apps to transact goods and services have been affected, we h…
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Wazema- In the past few weeks, Wazema has been able to learn that the Ethiopian government has begun taking steps to prevent the use of Birr for crypto-currency. In recent weeks, as part of this move, led mainly by the National Bank of Ethiopia, many popular trading apps have been banned from operating in Ethiopia. Merchants, social media content providers and influencers who use these apps to transact goods and services have been affected, we h…

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wazemaradio.com broke the news on Monday, June 22, 2026.
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