Uganda Could Become a First African Nation to Regulate Bitcoin

Btchain

The United Nations African Institute for a Prevention of Crime and a Treatment of Offenders (UNAFRI) that focuses on rapist probity issues, recently expelled a report [PDF] providing instruction on bitcoin law in Uganda.

After a initial ever Round Table discussions in Naguru, Kampala hold on 7 Jul 2016, a UNAFRI highlighted a policy, legal, reliable and social-cultural issues around a law of digital currencies.

The eventuality was convened by Dr. Maureen Mapp of a University of Birmingham Law School with a support of a Central Bank of Uganda, UNAFRI, and a African Centre for Cyberlaw and Cybercrime Prevention (ACCP).

The aim of a contention was to emanate recognition about a use of digital currencies such as bitcoin in Uganda and to rise exegetic superintendence on effective ways with that to umpire this new form of digital banking in a country.

Given a volume of decentralized digital currencies accessible such as Bitcoin, Ethereum, Litecoin, Ripple, and Dash, to name a few, a concentration was on bitcoin simply since of the choice for conducting a operation of


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