{"id":41648,"date":"2023-03-05T23:21:12","date_gmt":"2023-03-05T23:21:12","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati"},"modified":"2023-03-05T23:40:06","modified_gmt":"2023-03-05T23:40:06","slug":"zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati","title":{"rendered":"Zambia Testing Technology to Regulate Cryptocurrency \u2013 Minister Mutati"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zambia. <\/strong><\/span>The government of Zambia is working towards regulating cryptocurrency in the country by testing new technology, according to Technology and Science Minister Felix Mutati. In a statement, Mutati said that Zambia is keen to embrace the future of cryptocurrency, but stressed the need for a policy framework that supports the technology.<\/p>\n<p>Cryptocurrencies use blockchain technology to record and secure transactions and are increasingly used as a digital form of cash for everyday items. The testing of technology on regulating cryptocurrency will be upscaled as part of deliberate measures to achieve an inclusive digital economy for Zambia, Mutati added.<\/p>\n<p>He further noted that Zambia has been attracting investments in technology and creating access, thereby positioning itself to be a hub of technology in the region. According to Mutati, the government is targeting over $4.7 million in digital payments, which would be huge for the economy.<\/p>\n<p>\u201cThrough digital payment platforms, people will become much more included in digital financial services, hence cryptocurrency will be a driver for financial inclusion and a change maker for Zambia\u2019s economy,\u201d Mutati said.<\/p>\n<p>Cryptocurrencies have grown in popularity in recent years, with the likes of Bitcoin and Ethereum capturing the public\u2019s attention. The technology behind cryptocurrencies, blockchain, has also been adopted by various industries, with potential use cases including supply chain management, real estate and healthcare.<\/p>\n<p>The move by Zambia to regulate cryptocurrency could signal a growing trend in Africa towards greater adoption of the technology. Other African countries, including Nigeria and Ghana, have also been exploring the use of cryptocurrencies and blockchain technology.<\/p>\n<p>As the world becomes increasingly digital, the use of cryptocurrency is likely to become more widespread. By regulating cryptocurrency, Zambia could potentially unlock a new era of economic growth and financial inclusion for its citizens.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zambia\">Zambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zambia. The government of Zambia is working towards regulating cryptocurrency in the country by testing new technology, according to Technology and Science Minister Felix Mutati. In a statement, Mutati said that Zambia is keen to embrace the future of cryptocurrency, but stressed the need for a policy framework that supports the technology. Cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,235,233],"class_list":["post-41648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Zambia Testing Technology to Regulate Cryptocurrency \u2013 Minister Mutati - Zambia<\/title>\n<meta name=\"description\" content=\"The government of Zambia is working towards regulating cryptocurrency in the country by testing new technology, accordin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zambia Testing Technology to Regulate Cryptocurrency \u2013 Minister Mutati\" \/>\n<meta property=\"og:description\" content=\"The government of Zambia is working towards regulating cryptocurrency in the country by testing new technology, accordin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-05T23:21:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-05T23:40:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/03\/postQueueImg_1678045948.45.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Zambia Testing Technology to Regulate Cryptocurrency \u2013 Minister Mutati\",\"datePublished\":\"2023-03-05T23:21:12+00:00\",\"dateModified\":\"2023-03-05T23:40:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\"},\"wordCount\":313,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/03\/postQueueImg_1678045948.45.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-testing-technology-to-regulate-cryptocurrency-minister-mutati\",\"name\":\"Zambia Testing Technology to Regulate Cryptocurrency \u2013 Minister Mutati - 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