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Trump’s victory drew millions of East Africans to crypto, now they’re regretting it

Across East Africa, the hype around crypto assets drew many into the market.

Photo credit: Shutterstock

By  Vincent Owino

Business and Technology Reporter in Nairobi, Kenya

Nation Media Group

This year is turning out to be different from what many crypto investors in the region, mostly drawn in by US President Donald Trump’s victory last November, had imagined.

Trump is himself a holder of crypto assets and his administration was expected to be crypto-friendly, driving up the prices of the unconventional digital assets and booking holders millions in gains.

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