Bitcoin Ecosystem Flourishes In Kenya Despite Regulatory Constraints Around Crypto Assets

2019-2-23 20:09

Bitcoin Ecosystem Flourishes In Kenya Despite Regulatory Ban Many countries who have banned cryptocurrencies have seen the rise of the adoption. This shows that Bitcoin can be a perfect instrument to work your way around the stranglehold of governments and establishment financial noose.

The African country of Kenya is a perfect example of this narrative. […].

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Bancor is Bringing Cryptocurrency to Kenya’s Poor

Residents of impoverished neighborhoods in Nairobi, Kenya have recently begun embracing cryptocurrency for community purchases, as spotlighted in a recent in-depth Bloomberg feature piece. This was part of an initiative by Bancor, which used its Bancor Wallet in combination with the POA Network to digitize community currencies that were already in use in such neighborhoods.

2018-11-2 16:29