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Facebook’s digital currency gets its first enthusiast in Kenya

CEO for Tala Shivani Siroya. [File, Standard]

Perhaps the highlight of business news in the world this week was the announcement by Facebook that it will unveil its own crypto-currency. 

Libra, a digital currency that rides on blockchain technology, has ignited mixed reactions. From privacy concerns to its divergence from other cryptos such as bitcoins, there has not been a shortage of criticism of Facebook’s latest project.

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