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Kenya’s central bank warns of risks in cryptos

Crypto

According to CBK governor, Patrick Njoroge, Kenyans should avoid to peer-to-peer (P2P) cryptocurrency transaction since it is not regulated. PHOTO | AFP 

By  Anthony Kitimo

Correspondent

Nation Media Group

The Central Bank of Kenya (CBK) says it still does not support cryptocurrency transactions due to the risks involved even as such dealings increase.

According to CBK governor, Patrick Njoroge, Kenyans should avoid to peer-to-peer (P2P) cryptocurrency transaction since it is not regulated.

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