[kictanet] Public Notice by CBK on Virtual Currencies

[Josiah Mugambi]

BitPesa requires proof of identity before use. I found it quite lengthy and
a tad tedious while signing up sometimes back. That somewhat takes care of
KYC procedures though.

I think CBK are obligated to make this position as a caveat emptor. An idea
for them might be to use this case with BitPesa as a pilot with the view of
coming up with regulations. Especially as cryptocurrencies are not going
away any time soon.
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