Bitcoins take root in Nyeri town despite CBK warning

Beatrice Wanjiru Wambugu, proprietor of Betty’s Place Restaurant, during an interview at the outlet on Wednesday. PHOTO | NICHOLAS KOMU

Trading in cryptocurrencies has found a new haven in Nyeri, thriving right under the nose of authorities despite a stark warning by the banking sector regulator.

While the law prohibits the use of any other currency other than the legal tender, Kenyans can now pay for food in Nyeri town using bitcoins.

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