Conclusion in 2 Weeks bitcoin casino bonus ohne einzahlung
Ξ апреля 28, 2017 | → | ∇ Новости |
Decision in Two Weeks
Henry Rotich.
The Kenyan parliament has reportedly given fourteen days to determine whether cryptocurrencies need to be controlled to Treasury Secretary Henry Rotich, Business Daily Africa reported on Wednesday.
The Finance and National Planning Committee questioned Rotich in the country concerning Using bitcoin. Specifically, the committee asked”why the Treasury and the Central Bank of Kenya (CBK) allowed people to venture into the unregulated cryptocurrency area without being licensed to operate and taxed,” the information outlet detailed and quoted the chairman of the committee, Joseph Limo, stating:
We are surprised to hear that the CBK is not aware that there is an ATM in town a lounge at Kenyatta University, and a hotel in Nyeri that trade in bitcoins. Since people are trading billions in virtual space, there is a larger problem in Kenya yet the Treasury has not licensed and taxed it for example commerce in M-Pesa and bank transactions.
When to Begin Regulating
Rotich admitted that there’s a lot of interest in cryptocurrency, adding that he will look into if there are crypto exchanges operating in the country and best bitcoin casino free play. Thus far,”I am not aware of people operating locally…But I will endeavour to discover whether we’ve got local exchangers,” the book quoted him.
After explaining that any local crypto exchanges will be identified by the central bank and evaluate their risks to see whether regulation is required he asserted:
The matter of cryptocurrencies is evolving and we can take a position as a nationbest us bitcoin online casino bitcoin deposit ignition casino This is a delicate balance between supporting innovation and killing it.
Parliament’s Concerns about Crypto
Capital Business also reported on Wednesday that”Molo Constituency Member of Parliament Kimani Kuria needs cryptocurrencies such as bitcoins to be regulated due to risks associated with electronic currencies.”
Citing that”cryptocurrency transactions are anonymous,” Kuria claims they”can easily be used by corrupt government officials seeking to conceal fraudulent money.”
He proceeded to describe,”A person who has billions of money acquired wrongly needs only to purchase several bitcoins which can store value in a system that lacks centralized outsight. He then could go to another country, recover his money and move on with life.”
In answering a question by the Finance and National Planning Committee, Rotich was”reluctant to react on the government’s capacity to monitor and regulate cryptocurrency transactions conducted over the Kenyan borders,” the information outlet described. He elaborated:
Unlike other investment avenues, no government authorities regulate cryptocurrencies. As a result of their unregulated nature, limited understanding of the cryptocurrency and the influx of companies engaging in it, it’s prone to abuse by terrorists, criminals and extortionists that are taking advantage of their space that is unregulated.
What do you think Kenya will do about cryptocurrencies? Let us know in the comments section below.
Images courtesy of Shutterstock and Wikipedia.
Need to compute your bitcoin holdings? Check our tools department.
Source: bitcoincasinoreview.info
Leave a reply
You must be logged in to post a comment.