At the onset of the COVID-19 pandemic in 2020, Zambia was the first African country to default. In a separate report, the country's treasury secretary Felix Nkulukusa stated that if the debt restructuring is delayed further, the country may lose the benefits of its macroeconomic reforms.
Regulatory tests aimed at developing crypto legislation in Zambia by simulating real-world use cases are to be completed by June.Cryptocurrency regulatory tests aimed at developing crypto legislation in Zambia by simulating real-world use of crypto are expected to be completed by June this year.
Furthermore, Mutati noted that digital IDs and other digital infrastructures must be built before cryptocurrencies can be introduced.At the onset of the COVID-19 pandemic in 2020, Zambia was the first African country to default. In a separate, the country’s treasury secretary Felix Nkulukusa stated that if the debt restructuring is delayed further, the country may lose the benefits of its macroeconomic reforms.
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