Bitcoin Forum>Bitcoin>Bitcoin Discussion>Press
Author

Topic: [2016-05-30]Central Bank Governor: Kenya Not in a Hurry to Adopt Bitcoin (Read 300 times)

yayayo
legendary
Activity: 1806
Merit: 1024
[2016-05-30]Central Bank Governor: Kenya Not in a Hurry to Adopt Bitcoin
May 30, 2016, 05:25:35 PM
#2
Instead of doing something good for their country by embracing future technologies, officials fear that have not enough regulation in place...  Roll Eyes

Especially developing countries like Kenya have the most to gain from Bitcoin if they are early at adopting it. The government should promote Bitcoin use and abstain from excessive regulation. The economy would surely profit from facilitation of international trade. If Kenyan central bankers would be smart, they would acquire some Bitcoin now at low prices.

Of course, when it comes to Bitcoin, people are not directly affected by retard central bank policy since Bitcoin can float around freely... Smiley

ya.ya.yo!
Blawpaw
legendary
Activity: 1596
Merit: 1027
Re: [2016-05-30]Central Bank Governor: Kenya Not in a Hurry to Adopt Bitcoin
May 30, 2016, 04:31:45 PM
#1
Central Bank Governor: Kenya Not in a Hurry to Adopt Bitcoin

While almost every tech-friendly country out there is taking active stands to integrate Bitcoin and its underlying technology, blockchain, into their ecosystems, Kenya seems to be taking it slow. Patrick Njoroge, the Governor of the Central Bank of Kenya, has recently warned that the country should not rush into adopting virtual currencies yet. He doubts if the country is ready to handle the potential complications that may arise in absence of an adequate regulatory setup...

read more
Bitcoin Forum>Bitcoin>Bitcoin Discussion>Press
Jump to: