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@ Daniel wachira
2025-01-10 14:07:44
Just came across this email blog and Bitcoin was in my mind. What's your say?
"The Central Bank of Kenya (CBK) is getting ready to mint new coins to avoid shortages. Yep, they’re hunting for a company to handle this for the next three years starting in 2025.
Per Business Daily, this comes after CBK’s KSh14.14 billion ($109.20 million) deal with a German company, Giesecke+Devrient Currency Technologies GmbH, to print new banknotes. CBK Governor Kamau Thugge said the decision to mint coins came through a classified process — makes sense since no one wants a cash shortage messing with the economy.
If you remember, back in December 2018, CBK rolled out new coins featuring giraffes, rhinos, lions, and elephants, ditching portraits of people in line with the 2010 Constitution. Now, they’re inviting bids for a new coin-minting contract to keep things stable."