Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams
The National Bank of Rwanda, the country’s central bank, has issued a public service announcement on alleged cryptocurrency scams, according to an official Twitter post on May 30. The central bank specifically warns the public about initial coin offering ( ICO) scams and crypto-based Ponzi schemes, which purport to offer a quick and significant return on investment for early adopters.