Discussion Paper on Central Bank Digital Currency

Central Bank of Kenya

https://www.centralbank.go.ke/uploads/discussion_papers/CentralBankDigitalCurrency.pdf

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My thoughts on paper by the CBK, Thread by @pesa_africa on Thread Reader App

https://threadreaderapp.com/thread/1492796898507427850.html

"This is the worst time to be an #African Central #banker of a country with a useless national #currency. The odds are stacked against them."

#Bitcoin  #Stablecoin #Crypto #CBDC #KSh #KES #Kenya 🇰🇪 #EastAfrica #Africa 🌍 #CentralBankOfKenya #CentralBank #CrossBorder #USD #China 🇨🇳 #Yuan

Mobile-Money Pioneer Kenya Wary of Risks as It Opens Digital Currency Debate

https://www.bloomberg.com/news/articles/2022-02-10/mobile-money-pioneer-kenya-wary-of-risks-as-it-opens-cbdc-debate

"Starting a discussion on issuing a CBDC in Kenya comes weeks after Governor Patrick Njoroge reiterated that the central bank doesn’t recognize cryptocurrencies as legal tender."

#Kenya 🇰🇪 #Africa 🌍 #CBDC #CentralBank #CentralBankofKenya #CBK #KSh #KES #KenyanShilling

Today I purchased a newspaper for the first time in 5 years to read about the @CBKKenya plans to issue Kenya shillings backed Central Bank digital currency

Thread by @pesa_africa on Thread Reader App

https://threadreaderapp.com/thread/1492041664155762688.html

"I feel this is the Governor @njorogep playing games with the Kenyan public/managing expectations after 7 years of denying people the right to access cryptocurrencies like Bitcoin."

#Kenya 🇰🇪 #Africa 🌍 #CBDC #CentralBank #CentralBankofKenya #CBK #KSh #KES #KenyanShilling

Selected Kenyan Banks Are Sending Cautionaries to Users Trading on Crypto Exchanges via Bank Cards

https://bitcoinke.io/2021/06/kenyan-banks-cautioning-traders-on-crypto

"NCBA Bank does not approve cryptocurrency transactions done using your Card or transact with institutions trading in virtual currencies."

"Safeguard your finances by not buying, holding or trading in virtual currencies."

#Bitcoin  #Kenya 🇰🇪 NCBA #CentralBank #CentralBankofKenya #Bank #Banks #Crypto #VirtualCurrency

RT @[email protected]

I hope some Kenyan firms are secretly buying #Bitcoin even though Central Bank of Kenya doesn't like it.

https://twitter.com/Lagaless/status/1386899911791288321

#Bitcoin  #Corporate #Reserves #Treasury #ReserveAsset #Investment #Kenya #CentralBank #Kenyan #CentralBankofKenya #CBK