Following a statement by Uganda’s Minister of Finance, Planning and Economic Development on September 30th, Hon Matia Kasaija in which he advised Ugandans to keep off cryptocurrencies, the Blockchain Association of Uganda has urged the Government of Uganda to wake up to, instead of shunning the opportunities presented by blockchain technology and crypto assets. Hon. Kasaija said that the government of Uganda neither regulates nor recognises any crypto-currency as legal tender in Uganda. He also said that his government has not licensed any organization in Uganda to sell crypto-currencies or to facilitate the trade in cryptocurrencies and therefore advised Ugandans…
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