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Deeq A.

WATCH: Somalia’s $2 billion banking sector faces challenges in cryptocurrency adoption

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Deeq A.   

Mogadishu (HOL) — Somalia's banking sector, valued at $2 billion, is on track for growth, bolstered by regulatory reforms and rising interest in fintech. However, cryptocurrency integration poses challenges, as the sector must align with international financial standards and Islamic banking principles.

Source: Hiiraan Online

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