Kenyans among the early adopters of bitcoin technology globally

Kenyans are among the early adopters of bitcoin but this is not to say that the country’s financial system is ready to use the crypto currency as legal tender. At a public forum on cryptocurrencies organized by the Institute of Economic Affairs, the Kenya Bankers Association stated that cryptocurrencies can be beneficial to the financial system, but they still have attendant risks, taking a similar position to that of the Central Bank of Kenya. Victor Kiprop attended the forum and here is what he gleaned from it.

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