Burundy has prohibited the trading of digital currencies as a result of a lack of security for the general public.

As Bloomberg reported, the government was urged to act after some citizens in the main African nation shed money while dealing with digital currencies. Crypto trading was consequently banned.

Alfred Nyobewumusi, a director at the reserve bank’s microfinance department, stated:

“Strong measures could be taken against all those who will not respect this decision.”

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