Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC – Emerging Markets Bitcoin News - Bitcoin News

Proceeding with the rollout of the digital currency will likely see Kenyans without a smartphone being locked out from the financial system.

According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now ma… [+3062 chars]

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