[kictanet] [isoc_ke] Airtel hands BitPesa a Life line

[Barrack Otieno]

Hi Ali,

What does that mean Legally? Its like operating a gadget that has not
gone through type approval at  CA, no?

Regards

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On 1/6/16, Ali Hussein via isoc <isoc at lists.my.co.ke> wrote:
> Listers
>
> Interesting development. Details are scant at the moment but if this is
> true goes to show that you really can't keep a good idea down.
>
> I particularly like the quote from BitPesa below:-
>
> “CBK has currently chosen not to regulate bitcoin. Unregulated business is
> not illegal business and BitPesa will continue to operate and maintain our
> headquarters in Kenya. BitPesa is licensed, however, by the UK’s Financial
> Conduct Authority as an Authorised Payment Institution,” said the firm in a
> notice.
>
> More on the story:-
>
> http://www.businessdailyafrica.com/Corporate-News/Bitcoin-trading-firm-partners-with-Airtel/-/539550/3022508/-/item/0/-/rfd7ysz/-/index.htm
> l
>
>
> *Ali Hussein*
>
> *Principal*
>
> *Hussein & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
> <http://ke.linkedin.com/in/alihkassim>
>
> Blog: www.alyhussein.com
>
>
> Any information of a personal nature expressed in this email are purely
> mine and do not necessarily reflect the official positions of the
> organizations that I work with.
>


-- 
Barrack O. Otieno
+254721325277
+254-20-2498789
Skype: barrack.otieno
http://www.otienobarrack.me.ke/