Crypto rush: Is this African nation headed for boom or bust?
Bitcoin
Young Kenyans in urban centers are rapidly embracing Bitcoin as a form of payment Kenya is touted as Africa’s hub for technology and innovation. Across the East African nation, mobile money has become the most common and widely used form of payment and banking, both in the formal and informal sectors of the economy. But even as mobile money dominates Kenya’s economy, a new wave of cryptocurrency payment is taking root in urban areas across the country. A 2022 UN report listed Kenya as the
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