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Michael Kimani @pesa_africa
, 4 tweets, 1 min read Read on Twitter
Im told Kenyan banks are actively flagging accounts with outbound SWIFT transfers to cryptocurrency exchanges in Europe 1/
Any USD $ or EUR transfer automatically reversed with comments " Virtual currency trading" 2/
Will watch reaction of Kenyan volumes here… and any premiums on prices here 3/
Was talking to a friend and we both agreed impact likely to be short term. Informalll market is resilient and will adapt. Likely to see inbound remittances turn to BTC/crypto.

Im excited to watch how markets react 4/
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