Rwanda Reaffirms Crypto Ban Following Bybit's Support for Rwandan Franc

Rwanda's central bank has reiterated its ban on cryptocurrencies involving the Rwandan franc, coinciding with Bybit's move to support the currency on its P2P platform. This reinforces the government's strict stance on crypto activities and highlights ongoing efforts to develop a state-backed digital currency. Watch for potential legal actions against unlicensed crypto operators and evolving regulation in Rwanda.