<div dir="ltr"><div class="gmail_default" style=""><font face="georgia, serif" color="#000000">Listers</font></div><div class="gmail_default" style=""><font face="georgia, serif" color="#000000"><br></font></div><div class="gmail_default" style=""><font face="georgia, serif" color="#000000">Interesting warning from Citibank.</font></div><div class="gmail_default" style=""><font face="georgia, serif" color="#000000"><br></font></div><div class="gmail_default" style=""><font face="georgia, serif" color="#000000">Citibank analysts have warned that Kenyans have accumulated holdings of bitcoin estimated at more than Sh163 billion, which could cause widespread disruption to the economy were the cryptocurrency to collapse.<br></font></div><div class="gmail_default" style=""><div style="box-sizing:border-box;margin:0px;padding:0px;border:0px"><p style="box-sizing:border-box;margin:1.5rem 0px 0px;padding:0px;border:0px"><font face="georgia, serif" color="#000000">The Citi study reveals a rising popularity of the virtual currency despite regular warnings by regulators, citing a lack of legal backing.</font></p><p style="box-sizing:border-box;margin:1.5rem 0px 0px;padding:0px;border:0px"><font face="georgia, serif" color="#000000">Read on:-</font></p><p style="box-sizing:border-box;margin:1.5rem 0px 0px;padding:0px;border:0px"><a href="https://www.businessdailyafrica.com/news/Citi-warns-over-risk-of-Kenya-bitcoins/539546-4263658-mhoko2z/index.html"><font face="georgia, serif">Citibank warns of over risk of Bitcoin investment in Kenya</font></a><br></p></div></div><div class="gmail_default" style=""><font face="georgia, serif"><br></font></div><div class="gmail_default" style=""><font face="georgia, serif"><br></font></div><div class="gmail_default" style=""><font face="georgia, serif"><br></font></div><div><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><p style="margin:0in 0in 0pt"><b><font face="georgia, serif" size="2">Ali
Hussein</font></b></p><p style="margin:0in 0in 0pt"><b><font face="georgia, serif" size="2">Principal</font></b></p><p style="margin:0in 0in 0pt"><font face="georgia, serif" size="2"><b>Hussein & Associates</b></font></p><font size="2">
</font><p style="margin:0in 0in 0pt"><font size="2"> </font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>T<font size="2">el: +254 713 60<font size="2">1113</font></font><br></span></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>Twitter: @AliHKassim</span><span></span></span></font></p><font size="2"><span style="font-family:georgia,serif">
</span></font><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>Skype: abu-jomo</span></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><span>LinkedIn: <a href="http://ke.linkedin.com/in/alihkassim" target="_blank">http://ke.linkedin.com/in/alihkassim</a></span><a href="http://ke.linkedin.com/in/alihkassim" target="_blank"><span style="color:windowtext;text-decoration:none"></span></a></span></font></p><p style="margin:0in 0in 0pt"><font size="2"><span style="font-family:georgia,serif"><br></span></font></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">13th Floor , Delta Towers, Oracle Wing,</span><span style="font-size:9.5pt;font-family:arial"></span></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">Chiromo Road, Westlands,</span><span style="font-size:9.5pt;font-family:arial"></span></p><p style="font-size:small;margin:0cm 0cm 0.0001pt;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:9pt;font-family:georgia;color:black">Nairobi, Kenya.</span></p><font size="2"><span style="font-family:georgia,serif"><span><br><font size="1">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.</font></span></span></font><span style="font-family:"Baskerville Old Face",serif;font-size:11pt"></span><span style="font-size:11pt"></span>
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