Legal hurdles in Blockchain and digital finance systems

BLOCK-CHAIN

E-governance has emerged as the norm in recent years and is set to continue revolutionising how citizens access public services.
 

The words Bitcoin or Ethereum may not fall within our everyday lingo but most of us know they are digital currencies or “cryptocurrencies” that are not controlled by the Central Bank of Kenya (“CBK”) and can be sent to anyone without the need of an intermediary.

Cryptocurrency can be traced to the cypherpunk movement of the early 1990s that brought together libertarian ideology based on the need for people to interact among themselves away from governments and big corporations.

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Note: The results are not exact but very close to the actual.