Bitcoin Adoption in Africa Hinders EAC Plans for a Unified Currency

Bitcoin Adoption in Africa Hinders EAC Plans for a Unified CurrencyDue to a declining economy and eroding national currencies, the East African Community (EAC), an intergovernmental central bank organization composed of six countries in eastern Africa have plans to adopt a unified currency. However, the growing popularity of bitcoin and other digital currencies are hindering the East African central bank’s abilities to establish a harmonized […]

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