#Bitcoin dumped from $122,550 to $102,000
That's a change of negative -$20,550.
I have been in crypto for 8 years, this is my worst day.
Never seen something like this before!
🇺🇸🇨🇳 President Trump threatens a "massive increase of tariffs on Chinese products coming into the United States."
Over $130,000,000,000 wiped out from crypto market cap upon the news.
#Bitcoin hits 7-day low of $117,659
How govt’s crypto ban created a Shs4 trillion illegal market
Uganda has one of the world’s most active cryptocurrency economies across the world. Yet a court in the country has ruled that crypto is illegal and has no legal framework to govern it. That paradox is becoming impossible to ignore https://t.co/P7xqfYaoad
#MonitorUpdates
The @BOU_Official does not recognize crypto assets officially, has not licensed any organization to sell or facilitate crypto trades, and prohibits licensed financial institutions from facilitating crypto transactions.
Isn't an indirect crypto ban ?
Monitor today.
-Museveni the grandmaster
-Parliament staff face arrest as Among probe continues
-Uganda to get Shs130b for Ebola response
-Crypto ban created Shs4t illegal market
Get a copy from your news stand or access on e-paper: https://t.co/2Lq4awktXg
Monitor today.
-Museveni the grandmaster
-Parliament staff face arrest as Among probe continues
-Uganda to get Shs130b for Ebola response
-Crypto ban created Shs4t illegal market
Get a copy from your news stand or access on e-paper: https://t.co/2Lq4awktXg
@DailyMonitor The @BOU_Official does not recognize crypto assets officially, has not licensed any organization to sell or facilitate crypto trades, and prohibits licensed financial institutions from facilitating crypto transactions.
Isn't that an indirect crypto ban ?
At Kenya Blockchain and Crypto Conference , I'm ready to network with crypto industry peers, build relationship with liquid investors, learn about emerging technologies, and gain investment insights in a rapidly evolving space.
Let's transform Africa from experimentation to real-world deployment.
#OKXatKBCC #KBCC2026 #StablecoinAdoption #Payments #Stablecoins
@KavumaJessy@BOU_Official@GrabACoffeePod@URAuganda Respectfully sir, you better learn about cryptocurrency industry in general. You will understand the risks, and you will know that money doesn't disappear here.
Those are crypto myths that is usually said on streets. when you learn you will debuke them yourself.
@KavumaJessy@BOU_Official@GrabACoffeePod@URAuganda Sir, I really don't know any system without risk, may be you tell me one!
If at all even the banks authorised by the government protects your money to a maximum of ugx 10M then i don't know what you're talking about when it comes to risk.
In my reply I said: the digital framework is still underway.
Meaning government is actively working on laws and implementing a digital transformation strategy but has not yet fully completed the process. The framework ensures that all stakeholders are aligned & working towards common goals.
@GesaGad@GesaGad you better learn about crypto. Altist have some knowledge.
You can't make money you don't understand. Learn something and fear will go away.
@Franka256@RamahKizito Hedging against inflation can be a good conviction. $Bitcoin can be used as a hedge against our Ugandan shillings inflation. #Bitcoin is often viewed as a way to preserve value outside of the government regulated currency system.
@MhzHabert Read more about Bitcoin at https://t.co/dc9XaOe0Q5
Bitcoin is an innovative payment and new kind of money.
People invest in money, forexample: people invest in a United States dollar, they buy at a low price and sell at high price aiming to make a profit.