Bitcoin Is ‘Not Actually Legal,’ Says Zimbabwe Central Bank Chief

A senior official for Zimbabwe’s central bank is casting doubt on the legality of bitcoin in the country.

As quoted by local news source Chronicle, Norman Mataruka, director and registrar for the Reserve Bank of Zimbabwe, said that “bitcoin … is not actually legal” for use within the country.

Mataruka went on to say:

“In Southern Africa, what we have done as regulators, we have said that we will not allow [bitcoin] in our markets.”

However, it’s not entirely clear from the statement whether Mataruka was saying that bitcoin is not legal tender within Zimbabwe – that is, an officially recognized currency – or actually prohibited more widely…

Read Full: Bitcoin Is ‘Not Actually Legal,’ Says Zimbabwe Central Bank Chief – CoinDesk