The Central Bank of Sudan cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among the country’s population, which has been facing three-digit inflation rates since the 2021 military coup.
The CBOS also cited legal risks, as cryptocurrencies are not classified as money “or even private money and property” under Sudanese law. The Central Bank admitted that it has been noticing an uptick in crypto promotions on social media recently.
Source: Digital Coin News (digitalcoinnews.net)
lol they don't know that by talking about it, people will get more interested in 'that crypto thing' and there will be more users 😂
😂😂😂
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