KenyaCoin β˜‘οΈFeb 11, 2022

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 πŸ‡°πŸ‡ͺ #Africa 🌍 #CBDC #CentralBank #CentralBankofKenya #CBK #KSh #KES #KenyanShilling

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

Kenya’s central bank opened discussions on issuing a central bank digital currency, outlining the potential risks involved such as competition with bank deposits.

Bloomberg
KenyaCoin β˜‘οΈFeb 11, 2022

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 πŸ‡°πŸ‡ͺ #Africa 🌍 #CBDC #CentralBank #CentralBankofKenya #CBK #KSh #KES #KenyanShilling

Thread by @pesa_africa on Thread Reader App

@pesa_africa: 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 ICYMI ⬇️ Call me a cynic, but, I...…