Rwanda swats Bybit’s P2P platform offering franc-to-crypto trading
Burns Brief
The Rwanda central bank's warning came after Bybit added the Rwanda Franc to its list of assets that its peer-to-peer platform can use to trade for crypto The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The Rwanda central bank's warning came after Bybit added the Rwanda Franc to its list of assets that its peer-to-peer platform can use to trade for crypto.
Key Takeaways
- The Rwanda central bank's warning came after Bybit added the Rwanda Franc to its list of assets that its peer-to-peer platform can use to trade for crypto