Tag: kenya

Red Zone During Last Weekend

Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate

July 9, 2022

Kenya has the highest percentage of cryptocurrency owners in Africa. UNCTAD data indicate Kenya has more cryptocurrency owners than any other African nation, according to recent data from the United Nations Conference on Trade and Development (UNCTAD). UNCTAD has declared that it is recommending tariffs to impede the trade of digital currencies in order to […]

Report: Central bankers in Kenya and Nigeria criticise cryptocurrencies but support CBDCs

Report: Central bankers in Kenya and Nigeria criticise cryptocurrencies but support CBDCs

June 12, 2022

  Report: Central bankers in Kenya and Nigeria criticise cryptocurrencies but support CBDCs According to reports, the central bankers of Nigeria and Kenya believe that cryptocurrencies are too unstable to be utilised as a common form of payment. The bankers also believe that cryptocurrencies endanger the stability of the financial system. Cryptocurrencies, according to the […]