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In Rwanda, crypto gains ground as investment asset class and for transactions

Chong Xin Wei
Published Sat, Sep 16, 2023 · 08:00 AM

THIRD-YEAR agriculture student Max Mucyo, 22, has been funding his daily necessities and university fees with profits earned from cryptocurrency investments.

His first encounter with crypto was two years ago, when he received 100 USD Tether, the equivalent of US$100, for a web design job.

Mucyo, who did not know how to exchange crypto for cash at the time, turned to tutorials on YouTube, which led him down the rabbit hole of crypto investments.

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