Interesting warning from Citibank.
Citibank analysts have warned that Kenyans have accumulated holdings of
bitcoin estimated at more than Sh163 billion, which could cause widespread
disruption to the economy were the cryptocurrency to collapse.
The Citi study reveals a rising popularity of the virtual currency despite
regular warnings by regulators, citing a lack of legal backing.
Citibank warns of over risk of Bitcoin investment in Kenya
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