Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryp

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Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime

The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly... See more for yourself here.

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[TomPluz]

I am happy to note of this good development in Kenya in its journey with the cryptocurrency market. Unlike Nigeria, there is a good chance that cryptocurrency and mining will be regulated in Kenya instead of an outright ban similar to the China move years ago which is actually a lose-lose proposition. We can see that Kenyan President William Ruto is really interested with cryptocurrency and I am sure he is thinking of how this industry can instead help his country a lot towards progress that the people can feel in many ways. Let's hope that Kenya will soon be the beacon of hope for the cryptocurrency business in the African continent considered as the last frontier for the industry and has the best potential to see how cryptocurrency can really be working for the people.