Bank of Uganda Sets ID Verification for Large Digital Transactions

The Bank of Uganda (BoU) has mandated ID verification for all digital transactions exceeding one million Uganda shillings ($260), according to local reports. Announced on April 19, 2024, through its official X account, this directive requires users to present a government-issued ID for transactions at… Read More
Read more in: General News, Fintech, Global | Tagged Bank of Uganda, digital finance, digital transactions, uganda