<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto">Nick<div><br></div><div>That’s where you are completely wrong. Japan, Singapore, Germany, The Netherlands, Singapore, Estonia have all embraced not just the technology but the cryptocurrencies.</div><div><br></div><div><a href="https://www.coinist.io/a-list-of-countries-where-you-can-live-work-off-bitcoin/">https://www.coinist.io/a-list-of-countries-where-you-can-live-work-off-bitcoin/</a></div><div><br></div><div>Innovation is like that. It comes with the good, the bad and the ugly. I often ask whey we haven’t banned the internet because there is a really dark side to the Internet. The Dark Web where all sorts of bad things happen. It’s the nature of governments to be cautious but those forward thinking governments will not simply do a blanket ban. I recall during Moi’s time he banned the Fax Machine! <br><br><div id="AppleMailSignature"><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><b>Ali Hussein</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; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto; ">+254 0713 601113 </div><div style="font-family: Helvetica; font-size: medium; -webkit-tap-highlight-color: rgba(26, 26, 26, 0.296875); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); -webkit-text-size-adjust: auto; "><br></div><div><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Twitter: @AliHKassim</span></p><span style="background-color: rgba(255, 255, 255, 0);"><font></font></span><p style="margin: 0in 0in 0pt;"><span style="background-color: rgba(255, 255, 255, 0);">Skype: abu-jomo</span></p><p style="margin: 0in 0in 0pt;"><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);"><font></font></span><p style="margin: 0in 0in 0pt;"></p><font><span style="background-color: rgba(255, 255, 255, 0);">Blog: <a href="http://www.alyhussein.com/" target="_blank">www.alyhussein.com</a></span><br></font></div><div><span style="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.292969); -webkit-composition-fill-color: rgba(175, 192, 227, 0.230469); -webkit-composition-frame-color: rgba(77, 128, 180, 0.230469); "><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="-webkit-tap-highlight-color: rgba(26, 26, 26, 0.294118); -webkit-composition-fill-color: rgba(175, 192, 227, 0.231373);"><br></span></div>Sent from my iPad</div><div><br>On 31 Jan 2018, at 6:13 PM, Nick Ngatia via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>> wrote:<br><br></div><blockquote type="cite"><div><div dir="ltr">This is no surprise.<div><br></div><div>With no possibility of regulating or taxing bitcoin transactions, I doubt whether any government will ever embrace bitcoin or any other crypto-currency.</div><div><br></div><div>To governments, anything that takes away possible tax income is non-negotiable!</div></div><div class="gmail_extra"><br><div class="gmail_quote">On Wed, Jan 31, 2018 at 3:40 PM, Lawrence Njogu via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">




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This is a BIG challenge for all world governments; it is a global megatrend and no one has an answer yet if/how/when to regulate cryptocurrencies. </div>
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<div id="m_5554672999309946321divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> kictanet <kictanet-bounces+lnjogu=<a href="mailto:hotmail.com@lists.kictanet.or.ke" target="_blank">hotma<wbr>il.com@lists.kictanet.or.ke</a>> on behalf of WANGARI KABIRU via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a><wbr>><br>
<b>Sent:</b> Wednesday, January 31, 2018 7:06 AM<br>
<b>To:</b> <a href="mailto:lnjogu@hotmail.com" target="_blank">lnjogu@hotmail.com</a><br>
<b>Cc:</b> WANGARI KABIRU<br>
<b>Subject:</b> [kictanet] AriseBank: SEC Halts Alleged Initial Coin Offering Scam</font>
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<div id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_37299" dir="ltr"><a href="https://www.sec.gov/news/press-release/2018-8" class="m_5554672999309946321x_enhancr2_38134d40-e10b-f20e-ea9e-f5fdeec79e09" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_38852" target="_blank">SEC.gov | SEC Halts Alleged Initial Coin
 Offering Scam</a></div>
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SEC.gov | SEC Halts Alleged Initial Coin Offering Scam</h2>
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SEC Halts Alleged Initial Coin Offering </h1>
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Scam</h1>
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FOR IMMEDIATE RELEASE<br id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40623">
2018-8</div>
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Washington D.C., Jan. 30, 2018 —</div>
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The Securities and Exchange Commission obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.”</div>
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According to the SEC’s complaint, filed in federal district court in Dallas on Jan. 25 and unsealed late yesterday, Dallas-based AriseBank used social media, a celebrity endorsement, and other wide dissemination tactics to raise what it claims to be $600 million
 of its $1 billion goal in just two months.</div>
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AriseBank and its co-founders Jared Rice Sr. and Stanley Ford allegedly offered and sold unregistered investments in their purported “AriseCoin” cryptocurrency by depicting AriseBank as a first-of-its-kind decentralized bank offering a variety of consumer-facing
 banking products and services using more than 700 different virtual currencies.  AriseBank’s sales pitch claimed that it developed an algorithmic trading application that automatically trades in various cryptocurrencies.</div>
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<div class="m_5554672999309946321x_signature" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_43984">With the ingenuity and open innovation in the crypto world, this must make someone refer to what CBK said once....or alluded to.</font></div>
<div class="m_5554672999309946321x_signature" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5"><br>
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<div class="m_5554672999309946321x_signature" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5">Be blessed.</font></div>
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<div class="m_5554672999309946321x_signature" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5">Regards/Wangari</font></div>
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<div class="m_5554672999309946321x_signature" id="m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="2" style="font-weight:bold;font-family:verdana,helvetica,sans-serif"><span style="color:rgb(127,0,63)">Pray God Bless. 2013Wangari circa -
</span><span style="color:rgb(127,0,63)">"Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".</span></font><br>
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</span></div>

<br>______________________________<wbr>_________________<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.<br>
<br>
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.<br>
<br></blockquote></div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><span style="background-color:rgb(0,0,0)"><span><span style="background-color:rgb(243,243,243)"></span></span></span>--------------------------------<br></div><div><span style="background-color:rgb(0,255,255)"></span><span><span style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif;font-size:small"><span></span><span></span><br></span></span><b><font face="verdana, sans-serif" color="#3d85c6">Nick Ngatia</font></b><br></div><div><span style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"><a href="mailto:nick.ngatia@childrenyouth.org" target="_blank"><font style="font-weight:bold">Email</font></a><font face="monospace, monospace"> </font><b>|</b><font face="arial narrow, sans-serif"> </font><a href="http://www.facebook.com/niccoswagg1" target="_blank"><font style="font-weight:bold" color="#0b5394">Facebook</font></a></span><font style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"> </font><b style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)">|</b><font style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"> </font><font color="#00ffff" style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif"><b><a href="http://www.twitter.com/nickngatia" target="_blank">Twitter</a> </b></font><font color="#00ffff" style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif"><b><b style="color:rgb(0,0,0)">|<font color="#00ffff"> <a href="https://www.linkedin.com/in/nick-ngatia-a6b06a7b?trk=nav_responsive_tab_profile_pic" target="_blank">LinkedIn</a> </font></b></b></font><br></div><div><div><div style="font-size:13px"><font style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif" color="#00ffff"><b><span style="color:rgb(153,0,255)">Skype</span><font color="#000000">:</font></b></font><font color="#000000"><font face="Helvetica Neue, Segoe UI, Helvetica, Arial, Lucida Grande, sans-serif"> <span style="color:rgb(61,133,198)"><b>nick.ngatia</b></span></font><font face="monospace, monospace"><b> |</b> </font></font><font color="#00ffff"><b><span style="color:rgb(153,0,255)">Phone</span><span style="color:rgb(0,0,0)">:</span></b></font><span style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif;font-size:small"> <span style="color:rgb(61,133,198)"><b><i>+25</i></b><b><i>4 (0) 711 42 2015</i></b>  <br></span><br></span></div><div><font size="2" color="#0b5394" face="comic sans ms, sans-serif"><i><b>"Development Towards Sustainability is far too more important to leave it to chance."</b></i></font></div></div></div><div>---------------------------------<br></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
</div>
</div></blockquote><blockquote type="cite"><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">https://lists.kictanet.or.ke/mailman/listinfo/kictanet</a></span><br><span>Twitter: <a href="http://twitter.com/kictanet">http://twitter.com/kictanet</a></span><br><span>Facebook: <a href="https://www.facebook.com/KICTANet/">https://www.facebook.com/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%40campusciti.com">https://lists.kictanet.or.ke/mailman/options/kictanet/info%40campusciti.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><br></div></blockquote></div></body></html>