Sudan Central Bank Warns on Cryptocurrency Use as Economy Tanks
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Sudan’s central bank urged citizens not to use cryptocurrencies, warning of the risks of financial crime, electronic piracy and market volatility, the state-run SUNA news agency reported.
Taking aim at what it said was the aggressive global promotion of crypto on social media platforms, the regulator said digital currencies couldn’t be considered legal tender because they’re “not issued by authorized or accredited bodies that are legally bound,” according to SUNA.