🚫 Ethiopia Bans Crypto Trading — Birr Only Allowed 🇪🇹

Ethiopia has officially prohibited the trading of virtual currencies, mandating the Ethiopian birr as the sole legal tender for all transactions.

But it’s not a full rejection of crypto...

⚙️ Behind the scenes:

– Authorities are drafting crypto regulations

– Experts are being trained to monitor illicit crypto activity

– Support is coming from the UN, Russia, and regional partners

🔍 Ethiopia seems to be clamping down first, but building capacity quietly — a familiar pattern in emerging markets navigating digital assets.

💡 Ban now, regulate later?

👇 What’s your take — is Ethiopia prepping for a controlled crypto rollout, or is this a dead-end for adoption?

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