The Central Bank of Zambia declares Crypto is not a legal tender amid the hyperinflation crisis.

The Bank of Zambia specifically says “While cryptocurrencies have some monetary characteristics, such as being used as a means of payment on a person to person basis, cryptocurrencies are not legal tender in Zambia.” The Bank of Zambia goes on to clarify that they have not issued any state-backed cryptocurrency, and therefore no are legal tender.https://pixabay.com/ photo credits