The Central Bank of Kenya will be speaking more about cryptocurrencies in the near future. centralbank cryptocurrency
Yet, despite these reports and thesuggesting that Kenya had Africa’s second-largest peer-to-peer bitcoin traded volumes in 2021, Njoroge appeared to suggest that his institution will not rush to make any new announcements concerning its stance on cryptos and other products. He said:
I think we will be speaking more completely about this space, not just cryptocurrencies. Cryptocurrency is one lever, one little area……so we will be speaking more completely about this in the near future but I guess in the medium term. So please be patient on that …. suffice to say that our position has not changed on any of those products.
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