[kictanet] Safaricom can now suspend Lipisha Consortium and Bitpesa Ltd services

Mwendwa Kivuva Kivuva at transworldafrica.com
Wed Dec 16 11:41:58 EAT 2015


If you go to bitpesa website, you will find they already moved their cheese
to Airtel.

Regards
On Dec 16, 2015 10:55 AM, "Ahmed Mohamed Maawy via kictanet" <
kictanet at lists.kictanet.or.ke> wrote:

> Just thinking. Is there just a better time for equitel to shine :)
>
> On Tue, Dec 15, 2015 at 11:37 PM, Grace Githaiga via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> In light of today's debate on the notice issued by CBK on virtual
>> currencies, here is an update of a related story
>>
>>
>> http://www.nation.co.ke/business/safaricom-suspends-companyies/-/996/2998070/-/131d2e5/-/index.html
>>
>> ------------------------------
>> Date: Tue, 15 Dec 2015 14:13:47 +0300
>> Subject: Re: [kictanet] Public Notice by CBK on Virtual Currencies
>> From: kictanet at lists.kictanet.or.ke
>> CC: ali at hussein.me.ke
>> To: ggithaiga at hotmail.com
>>
>> Josiah
>>
>> Umeongea kama wazee kumi! (spoken like 10 wise men!)
>>
>> *Ali Hussein*
>> *Principal*
>> *Hussein & Associates*
>> +254 0713 601113 / 0770906375
>>
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>>
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>>
>> "Discovery consists in seeing what everyone else has seen and thinking
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>>
>> Sent from my iPad
>>
>> On 15 Dec 2015, at 1:24 PM, Josiah Mugambi via kictanet <
>> kictanet at lists.kictanet.or.ke> wrote:
>>
>> 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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>
>
>
> --
> *Ahmed Maawy*
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> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
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> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
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