Ethiopia’s Crypto Adventure: Navigating between Ban and Opportunity. If you’ve been watching the growth of cryptocurrencies across Africa, Ethiopia’s journey might catch you off guard. At a glance, it seems like a complete ban: the central bank says “no crypto,” and laws view digital coins with skepticism. Yet, a closer look reveals a government carefully balancing its economic protection with the allure of digital advancement. Let’s explore this story together — it’s more intriguing than it first seems. --- 📉 The Hard Line: Banning Crypto Payments In 2022, the National Bank of Ethiopia (NBE)