Economics

Central Bank of Kenya Announces Switch to Bitcoin

The Central Bank of Kenya has announced an ambitious plan to switch to Bitcoin as a blanket move to solve thousands of problems facing the country. Noting that systemic fiscal and monetary challenges had made it hard for Kenya to develop, Central Bank Governor Patrick Njoroge said that using Bitcoin would help cushion Kenya from

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Economics

CBK Warns Traders Against Receiving Payments in form of Exposure

The Central Bank of Kenya is now warning traders that exposure is not a legal tender and may not be accepted universally as a form of payment. This comes after the number of young people who have been insisting that they can pay in form of exposure at the supermarkets and shops increased gradually. This

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