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Safaricom cuts M-Pesa link for bitcoin dealer Kipochi

The Bitcoin. Kipochi, a bitcoin trading platform linked to M-Pesa, has closed operations after Safaricom terminated its mobile money connection, citing the virtual currency’s non-recognition by the Central Bank of Kenya. PHOTO | FILE

Kipochi, a bitcoin trading platform linked to M-Pesa, has closed operations after Safaricom terminated its mobile money connection, citing the virtual currency’s non-recognition by the Central Bank of Kenya.

The service allowed M-Pesa users to purchase, trade, make and receive remittances in bitcoins on their mobile phones.

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