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On 15 Dec 2015, at 1:24 PM, Josiah Mugambi via kictanet <kictanet@lists.kictanet.or.ke> wrote:
BitPesa requires proof of identity before use. I found it quite lengthy and a tad tedious while signing up sometimes back. That somewhat takes care of KYC procedures though.
I think CBK are obligated to make this position as a caveat emptor. An idea for them might be to use this case with BitPesa as a pilot with the view of coming up with regulations. Especially as cryptocurrencies are not going away any time soon.
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