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Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

Published on: Monday 27 May 2019

Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27. The Reserve Bank of Malawi (RBM) has stated that cryptocurrencies are not legal tender in Malawi and do not represent



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