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News about crypto currency in uganda

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The High Court in Uganda recently dismissed an application that sought to upend a central bank directive that bars cryptocurrency transactions. His job is to get as many people as possible to scan their eyeballs into a big metallic orb in exchange for about $60 worth of cryptocurrency. Ugandans are increasingly losing millions in crypto scams. The Ugandan government is starting a countrywide crackdown on digital payment.

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calendar_month 03.12.2022

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calendar_month 07.12.2022

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In a circular dated Apr. The premise is called proof-of-personhood � that is, validating the identity of every individual on the planet through biometric capture and then connecting that decentralized virtual ID to an address on the blockchain. Byarugaba, for his part, isn't paid in Worldcoin's WLD token, but in Ugandan shillings via mobile money, which is an electronic wallet tied to a phone number that does not require a smartphone or data to operate. Similarly, Worldcoin's orb uses multispectral sensors to scan this intricate pattern of ridges and folds in the eye and uses it to assign a singular World ID, which demonstrates definitively that its holder is a human and not a bot. We all saw it as a paradigm shift," said the year-old, who lives in a tidy house in the capital Kampala.