Ethiopia extends currency clampdown to Crypto, bans Birr-paired P2P trading

The National Bank of Ethiopia says Birr-denominated crypto P2P trades remain illegal as it drafts a formal framework for digital assets.

Ethiopia holds rate at 15% as inflation eases but stays above target

The National Bank of Ethiopia kept its benchmark rate at 15% as inflation eased to 13.6% in August despite Nigeria’s recent rate cut.