The Governor of the National Bank of Rwanda (NBR) John Rwangomba recently revealed that Rwanda is preparing to implement regulations related to the use and trading of cryptocurrencies in the first quarter of 2025. This move can only proceed after reaching an agreement with the Capital Market Authority (CMA).
Although Rwangomba did not explicitly express support for cryptocurrencies, this statement indicates a shift in NBR's attitude towards cryptocurrency issues. For observers of the crypto industry, this may be an important step for Rwanda in the blockchain field. 📈🌍
The policy change could bring new opportunities to the crypto market, while also requiring close attention to subsequent developments.