The governor of the Central Bank says that Kenya's position on cryptocurrencies has not changed - emerging markets

The governor of the central bank of Kenya (CBK), Patrick Njoroge, said Kenya's attitude towards cryptocurrencies remains unchanged. Njoroge, who made the comments shortly after the CBK's monetary policy announcement, announced that the central bank will talk more about cryptocurrencies in the near future.

like noted in the Kenian Wallstreet report, the recovery of the CBK is more than more than more than Six months later It turned out that Kenyan banks will emit warnings, from trading with cryptocurrencies take.

Njoroges confirmation of the position of the Central Bank in Kryptos is also in the following that Kenya is now classified as the African country with the highest highest percentage own cryptocurrency. In addition, Kenya is expected to continue leading the worldwide peer-to-peer cryptocurrency market a year 2022.

But despite these reports and the data njoroge indicated that Kenia in 2021 Afrika's second largest peer-bitcoin-trading volume had, and seemed to indicate that his institution would not have no hurry to make new announcements regarding their attitude towards cryptos and other products. He said:

I think we will talk more about this area, not just about cryptocurrencies. Cryptocurrency is a lever, a small area ... so we will talk more about it in the near future, but I think in the medium term. So please be patient ... It is enough to say that our position has not changed to any of these products.

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Terence Zimwara

Terence Zimwara is an award -winning journalist, author and writer from Zimbabwe. He wrote in detail about the economic problems of some African countries and how digital currencies Africans can offer an escape route.

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