[kictanet] Central Bank Governor says Kenya not ready for virtual currencies - Standard Digital News

Barrack Otieno otieno.barrack at gmail.com
Mon May 30 13:05:21 EAT 2016


Hi Ali,

While the governors point is well noted, shall we continue burying our
heads in the sand or do we adopt a more pro-active approach towards
the bit-coin issue.

Regards

On 5/30/16, Ali Hussein via kictanet <kictanet at lists.kictanet.or.ke> wrote:
> Listers
>
> Central Bank of Kenya (CBK) Governor Patrick Njoroge has again warned that
> the country must go slow in adopting digital currencies.
>
> This is because Kenya currently doesn’t have systems and capabilities to
> handle virtual currencies. The CBK is yet to come up with proper policies
> to regulate these form of currencies such as Bitcoins, also known as
> currency of the Internet.
>
> Read on:-
>
> http://www.standardmedia.co.ke/mobile/article/2000203442/central-bank-governor-says-kenya-not-ready-for-virtual-currencies
>
> Ali Hussein
> Tel: +254 713 601113
>


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Barrack O. Otieno
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