Kenyan group launches ‘Nurucoin’ digital currency as traders ignore CBK warnings

Nurucoin founder and CEO Isaac Muthui on February 1, 2018. PHOTO | FRANCIS NDERITU

A new locally developed digital currency has hit the market targeting investors who participate in e-commerce, even as questions remain over the safety of the virtual coins that have taken Kenyans by storm.

The new cryptocurrency, dubbed Nurucoin, has been developed by the owners of e-commerce platform BlazeBay, itself a subsidiary of Churchblaze Christian Association, which runs a number of technology and social networking platforms.

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