×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Central Bank Governor says Kenya not ready for virtual currencies

Central Bank of Kenya (CBK) Governor Patrick Njoroge has again warned that the country must go slow in adopting digital currencies.

This is because Kenya currently doesn’t have systems and capabilities to handle virtual currencies. The CBK is yet to come up with proper policies to regulate these form of currencies such as Bitcoins, also known as currency of the Internet.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in