Sam AdeyemoThe National Bank of Ethiopia said regulations are on the way, but P2P transactions are outlawed in the meantime.
The signal
Ethiopia has reiterated its crypto ban, this time targeting peer-to-peer trades involving the Ethiopian birr. The move tightens enforcement on local on-ramps even as authorities say a formal regulatory framework is still in development.
The National Bank of Ethiopia said regulations are on the way, but P2P transactions are outlawed in the meantime.
According to Finance Minister Godongwana, says to be published soon
Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now
The Bank of Ghana and SEC have jointly directed virtual asset service providers to cease mass marketing and remove billboards, days after admitting six entities into a regulatory sandbox.
Parliament’s approval of the Virtual Asset Service Providers Bill gives regulators authority over crypto activities, ending years of policy ambiguity.
The international lender of last resort says stablecoin issuance has grown to $300 billion in 2025, but increased adoption poses financial risks if left unchecked.
Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.
The bank sees no need to deploy a retail CBDC anytime soon, but it will explore wholesale options.
Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.
