The Financial institution of Uganda is open to the concept of cryptocurrency companies taking part in its Regulatory Sandbox, inviting members of the Blockchain Affiliation of Uganda (BAU) to share their information with the central financial institution.

A letter from the financial institution dated June 1 to the chairperson of the BAU, Kwame Rungunda, referred to a gathering between the 2 events in early Could. The central financial institution additionally suggested the nation’s crypto advocacy group to brush up on the sandbox laws earlier than it made time for additional technical discussions.

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