Central bank · TA · 4 documents
In 2019, the Bank of Tanzania issued a public notice cautioning against the use, marketing, and trading of cryptocurrencies, declaring the Tanzanian Shilling as the sole legal tender.
Regulators actively enforced rules by blocking sixty-nine unlicensed loan applications in November 2024.
Out of a calculated sample of 346 bank employees drawn from a population of 2,560, a total of 345 usable responses were evaluated, yielding a 99.7% response rate.
In Ghana, the growth of mobile money increased access to financial services for unbanked demographics, with 35 percent of adults in rural areas reporting having used the service between 2014 and 2017.
