Uganda: Cryptocurrency - Scam or Opportunity for Ugandans?

22 February 2017
opinion

Last week, the Governor Bank of Uganda (BoU) Tumusiime-Mutebile issued a statement warning the public about the practice of 'One Coin Digital' which claims to deal in a digital currency known as 'One Coin'.

Once Three weeks before the BoU warning, I met a worried priest who told me that a member of his flock had sold a valuable asset to raise cash to invest in digital currency. The investor told his pastor that he was looking for more money to invest in this once in a lifetime opportunity.

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