The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available.
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Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking away customers of banks and other […]Powered by WPeMatico
Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard
The Bitcoin Standard: The Decentralized Alternative to Central Banking, by bitcoin maximalist Saifedean Ammous, is set for a spring release, having managed to make news ahead by snagging philosopher Nassim Nicholas Taleb to write its foreword. Mr. Taleb is his usual profound self, offering a full-throated defense of its essential idea, in contrast to many […]
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