Silver Kayondo

Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.
Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.

Uganda Sits on a Trillion Shilling Crypto Market – But Without Rules, Clarity or Direction

Imagine a young software developer in Kampala. He’s just finished building a smart-contract application that could help farmers track produce payments without relying on brokers. He’s hopeful, energized, but frustrated. Because while
July 1, 2025

 

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