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Tanzania's President Urges Central Bank to Prepare for Crypto
The president's speech follows El Salvador's adoption of bitcoin as legal tender.
Updated Dec 10, 2022, 9:34 p.m. Published Jun 14, 2021, 9:22 a.m.
Tanzania's president has urged the country's central bank to prepare for wider adoption of cryptocurrency around the world.
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- President Samia Suluhu Hassan said the Bank of Tanzania should "be ready for changes and not caught underprepared" during a speech Sunday, according to reportshttps://www.thecitizen.co.tz/tanzania/news/president-samia-gives-cryptocurrency-markets-a-boost-as-bitcoin-closes-on-40-000-3436486.
- "I know that throughout the nation ... they have not accepted or started using these routes. However, my call to the central bank is that you should start working on that development," she said.
- Her speech took place after El Salvador's adoption of bitcoin as legal tender.
- Attention will be focused on other countries that spot an opportunity in crypto to boost economic development and stabilize financial instability.
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Dogecoin, PEPE rocket as much as 25% as 2026 starts with a bang for memecoins
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- Dogecoin and Pepe led a significant meme coin rally, with Dogecoin rising 11% and Pepe surging 17% in a single day.
- The broader meme coin market is heating up, with CoinGecko's GMCI Meme Index showing a market value of $33.8 billion and a trading volume of $5.9 billion.
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