Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. While the Bank of Tanzania (BoT) has not yet approved the use of cryptocurrencies or a central bank digital currency (CBDC), key players in the banking industry have expressed their readiness to adopt these technologies as soon as the regulatory framework is in place.
Some banks told The Citizen that they were investing and making strategic preparations as the regulatory framework for digital currencies is being developed.
