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Virtual cash splits Kenya regulators
Digital currencies such as Bitcoin are issued and usually controlled by its developers, and are used by members with virtual communities. FILE PHOTO | NMG
To introduce virtual currency or not is the big debate among Kenya’s market regulators and players.
Whereas the Central Bank of Kenya (CBK) has warned against use of Bitcoin and such, the Capital Markets Authority (CMA) appears to have a liberal view on their possible use.
