The NBE (National Bank of Ethiopia) has banned all crypto currencies from being used in Ethiopia, including bitcoin. This has happened after over a dozen of financial regulators and central banks including the National Bank of Ethiopia which is the State bank of the country gathered in place to discuss bitcoin in El Salvador a country which legalized Bitcoin making it the first country to do so.
The country’s prime minister Abiy Ahmed a noble peace prize laureate has not be critical with bitcoin and crypto he has even in a speech appeared to positively talk about the currency but for now it seems the prime minister who is in a tough situation is deciding to not make any major change in the economically torn country.
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