{"id":4131,"date":"2022-06-09T07:29:30","date_gmt":"2022-06-09T07:29:30","guid":{"rendered":"https:\/\/amnewsworld.com\/?p=4131"},"modified":"2022-06-09T07:29:30","modified_gmt":"2022-06-09T07:29:30","slug":"ethiopias-central-bank-warns-against-buying-and-selling-of-digital-currencies-in-the-country","status":"publish","type":"post","link":"https:\/\/www.amnewsworld.com\/fi\/ethiopias-central-bank-warns-against-buying-and-selling-of-digital-currencies-in-the-country\/","title":{"rendered":"Ethiopia&#8217;s central bank warns against buying and selling of digital currencies in the country"},"content":{"rendered":"<div class=\"article-content__text article-content__left-column js-responsive-iframes-container\">\n<p><strong>Whiles Central Africa Republic has taken a bold step to legalise digital currency (Bitcoin), Ethiopia\u2019s central bank on Monday warned citizens not to engage in \u201cillegal\u201d transactions in digital currencies<\/strong>.<\/p>\n<p>The National Bank of Ethiopia (NBE) said digital currencies like crypto-currencies and bitcoins haven\u2019t been recognized by the NBE as a transactional and payment method, state-affiliated Fana Broadcasting Corporate (FBC) reported.<\/p>\n<p>\u201cEthiopia\u2019s national currency is the Ethiopian Birr, with any financial transaction in Ethiopia to be paid in Birrs, according to the law,\u201d the NBE said in a statement.<\/p>\n<div id=\"adzone-outstream\" class=\"advertising advertising--no-label js-adzone advertising--outstream advertising--called advertising--rendered advertising--empty-slot\" data-google-query-id=\"CLS0q73rn_gCFd5jpAQdymQFcg\">\n<div id=\"google_ads_iframe_\/6458\/africanews-new\/programs\/news_3__container__\"><\/div>\n<\/div>\n<div class=\"widget widget--type-freeformwidget--size-xlargewidget--align-center\"><\/p>\n<div class=\"widget__wrapper\">\n<div class=\"widget__ratio widget__ratio--auto\">\n<div class=\"widget__contents\">\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=africanews&amp;dnt=false&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3JlZnNyY19zZXNzaW9uIjp7ImJ1Y2tldCI6Im9mZiIsInZlcnNpb24iOm51bGx9LCJ0Zndfc2Vuc2l0aXZlX21lZGlhX2ludGVyc3RpdGlhbF8xMzk2MyI6eyJidWNrZXQiOiJpbnRlcnN0aXRpYWwiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3R3ZWV0X3Jlc3VsdF9taWdyYXRpb25fMTM5NzkiOnsiYnVja2V0IjoidHdlZXRfcmVzdWx0IiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1533792665044754432&amp;lang=en&amp;origin=https%3A%2F%2Fwww.africanews.com%2F2022%2F06%2F06%2Fethiopia-s-central-bank-warns-against-trading-in-digital-currencies%2F&amp;sessionId=971b0489f378064f5d04a0224c688814483ddbe6&amp;siteScreenName=africanews&amp;theme=light&amp;widgetsVersion=b45a03c79d4c1%3A1654150928467&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1533792665044754432\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The central bank warned that digital currencies are being used to conduct informal financial transactions and money laundering schemes in Ethiopia, news portal Ethiopians today reported.<\/p>\n<p>The NBE called on the public to refrain from trading in digital currencies and to report to authorities when they see such illegal transactions<\/p>\n<p><strong>AMN\/Business\/Africa.<\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Whiles Central Africa Republic has taken a bold step to legalise digital currency (Bitcoin), Ethiopia\u2019s central bank on Monday warned citizens not to engage in \u201cillegal\u201d transactions in digital currencies. The National Bank of Ethiopia (NBE) said digital currencies like crypto-currencies and bitcoins haven\u2019t been recognized by the NBE as a transactional and payment method,<\/p>","protected":false},"author":1,"featured_media":4132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_1160854738579181570_1160854738579181570":"","facebook_3558452337540614_100649324928663":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[16,41],"tags":[],"class_list":{"0":"post-4131","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-market"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethiopia&#039;s central bank warns against buying and selling of digital currencies in the country | Amnewsworld<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.amnewsworld.com\/fi\/ethiopias-central-bank-warns-against-buying-and-selling-of-digital-currencies-in-the-country\/\" \/>\n<meta property=\"og:locale\" content=\"fi_FI\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethiopia&#039;s central bank warns against buying and selling of digital currencies in the country | Amnewsworld\" \/>\n<meta property=\"og:description\" content=\"Whiles Central Africa Republic has taken a bold step to legalise digital currency (Bitcoin), Ethiopia\u2019s central bank on Monday warned citizens not to engage in \u201cillegal\u201d transactions in digital currencies. 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