Governor of the National Bank of Rwanda: Rwanda is preparing to implement regulations on the use and trading of cryptocurrencies

ChainCatcher reports that, according to John Rwangomba, the Governor of the National Bank of Rwanda (NBR), Rwanda is preparing to implement regulations concerning the use and trading of cryptocurrencies. Rwangomba anticipates that these regulations will be established in the first quarter of 2025, provided that an agreement is reached between NBR and the Capital Market Authority (CMA).

Although Rwangomba's response did not explicitly support cryptocurrencies, it marks a shift in NBR's public statements.