Burundi bans trading in cryptocurrencies like Bitcoin and Ethereum. Strick measure to be taken on those found engaging in trading activities. Burundians will no longer trade cryptocurrencies following a government directive that has outlawed the activities. The central bank in the country cites challenges with protecting its citizens against crypto-related fraud and losses. A group of its citizens who lost funds while engaging in crypto trading activities turned to the government for intervention. However, the government moved to ban cryptocurrencies within its boundaries saying that those found trading will be prosecuted. The director of the central bank’s micro-finance office, Alfred Nyobewumusi said categorically, “strong measures could be taken against all those who will not respect this decision.” Read more: Samsung outperforms itself with the launch of a crypto-friendly Galaxy Note 10 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Riksbank’s Ingves: Rate cut not on agenda at the moment FX Street 4 years Burundi bans trading in cryptocurrencies like Bitcoin and Ethereum. Strick measure to be taken on those found engaging in trading activities. Burundians will no longer trade cryptocurrencies following a government directive that has outlawed the activities. The central bank in the country cites challenges with protecting its citizens against crypto-related fraud and losses. A group of its citizens who lost funds while engaging in crypto trading activities turned to the government for intervention. However, the government moved to ban cryptocurrencies within its boundaries saying that those found trading will be prosecuted. The director of the central bank's micro-finance office, Alfred… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
