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Web bitcoin is a completely digital currency that can be traded online for goods, services, and software where it is accepted. Web in december 2015, the central bank of kenya through a public notice issued a cautionary statement against the holding, use and trading of digital currency. Web according to the statement, the cbk reiterated that bitcoin was not a legal tender, and there is no protection in place should the business go under.
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Web global legal insights, a leading global legal outlet, has published a blockchain and cryptocurrency regulation 2021 guide for anyone looking to understand. Web it stated that bitcoin and other cryptocurrencies like it are not legal tenders in kenya. Web back to our main topic, bitcoin legal in kenya? Web among these, bitcoin is the most widely used due to its global recognition and acceptance.
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