This decision comes after some people in the country lost money while trading the various cryptocurrencies. There is no word on which currencies they were, or if the people invested in fraudulent offerings. Even so, the public demand for governmental intervention, and their decision is to get rid of all trading indefinitely. Not a popular decision, but it was somewhat to be expected.
Read More: Cryptocurrency trading banned in burundiAny country that is protective of the citizens can actually go to the extent of banning crypto for the reason stated above. So many countries have not even accepted bitcoin with the motive that most money made online are fraudulent, and before it leads to violence, health and psychological problems or what the government may not be able to control, they fill quick banning is better. Fraud are everywhere causing problems.