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“After dropping substantially for several hours on Sunday, the BTC spiked eight percent. This major move coincidentally happened just as $40 million worth of Tether tokens (USDT) moved to Bitfinex.
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The Central Bank of Kenya announced measures that will facilitate increased use of mobile money transactions instead of cash. While the immediate objective is to reduce the risk of transmission of COVID-19 by handling banknotes, this will also reduce the use of cash in the economy over the medium term. The current AML/CFT frameworks will continue to apply and CBK will closely monitor the implementation of these emergency measures.
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The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country.