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

Ali Hussein ali at hussein.me.ke
Wed Jan 6 12:35:30 EAT 2016


Barrack

LOL! Just love that analogy..basically yes. And we know what that
means...:-)

*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.

On Wed, Jan 6, 2016 at 12:31 PM, Barrack Otieno <otieno.barrack at gmail.com>
wrote:

> 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/
>
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