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<body class='hmmessage'><div dir='ltr'>In light of today's debate on the notice issued by CBK on virtual currencies, here is an update of a related story<div><br></div><div><a href="http://www.nation.co.ke/business/safaricom-suspends-companyies/-/996/2998070/-/131d2e5/-/index.html" target="_blank">http://www.nation.co.ke/business/safaricom-suspends-companyies/-/996/2998070/-/131d2e5/-/index.html</a><br><br><div><hr id="stopSpelling">Date: Tue, 15 Dec 2015 14:13:47 +0300<br>Subject: Re: [kictanet] Public Notice by CBK on Virtual Currencies<br>From: kictanet@lists.kictanet.or.ke<br>CC: ali@hussein.me.ke<br>To: ggithaiga@hotmail.com<br><br><div>Josiah</div><div id="ecxAppleMailSignature"><br></div><div id="ecxAppleMailSignature">Umeongea kama wazee kumi! (spoken like 10 wise men!)<br><br><div><span style=""><b>Ali Hussein</b></span></div><div><span style=""><b>Principal</b></span></div><div><b style="background-color:rgba(255, 255, 255, 0);">Hussein & Associates</b></div><div style="font-family:Helvetica;font-size:medium;">+254 0713 601113 / 0770906375</div><div style="font-family:Helvetica;font-size:medium;"><br></div><div><p style=""><span style="background-color:rgba(255, 255, 255, 0);">Twitter: @AliHKassim</span></p><span style="background-color:rgba(255, 255, 255, 0);"></span><p style=""><span style="background-color:rgba(255, 255, 255, 0);">Skype: abu-jomo</span></p><p style=""><span style="background-color:rgba(255, 255, 255, 0);">LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="text-decoration:none;"></span></a></span></p><span style="background-color:rgba(255, 255, 255, 0);"></span><p style=""></p><span style="background-color:rgba(255, 255, 255, 0);">Blog: <a href="http://www.alyhussein.com/" target="_blank">www.alyhussein.com</a></span><br></div><div><span style=""><br></span></div><div>"Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi</div><div><span style=""><br></span></div>Sent from my iPad</div><div><br>On 15 Dec 2015, at 1:24 PM, Josiah Mugambi via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br><br></div><blockquote><div><p dir="ltr">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. </p>
<p dir="ltr">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.</p>
</div></blockquote><blockquote><div><span>_______________________________________________</span><br><span>kictanet mailing list</span><br><span><a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a></span><br><span><a href="https://lists.kictanet.or.ke/mailman/listinfo/kictanet" target="_blank">https://lists.kictanet.or.ke/mailman/listinfo/kictanet</a></span><br><span></span><br><span>Unsubscribe or change your options at <a href="https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com" target="_blank">https://lists.kictanet.or.ke/mailman/options/kictanet/info%40alyhussein.com</a></span><br><span></span><br><span>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.</span><br><span></span><br><span>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.</span></div></blockquote><br>_______________________________________________
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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.
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.</div></div> </div></body>
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