The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Global crypto market is in upheaval following collapse of high-profile exchanges. [iStockphoto]
The Central Bank of Kenya (CBK) has shelved plans to develop a digital currency on the back of instability in the global crypto assets market and the high adoption of digital payments in the local market.
This is the outcome of public consultations carried out by the regulator to determine its readiness to roll out a Central Bank Digital Currency (CBDC).
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.