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3232Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
https://www.digit.info/report-imf-warns-kenyan-central-bank-against-introducing-a-cbdc-that-harms-fintechs-and-banks/
Fri, 29 Jul 2022 11:30:45 +0000https://www.digit.info/2022/07/29/report-imf-warns-kenyan-central-bank-against-introducing-a-cbdc-that-harms-fintechs-and-banks/Read more]]>The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking away customers of banks and other […]
]]>Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker
https://www.digit.info/report-cryptocurrency-can-potentially-complement-mobile-money-argues-kenyan-banker/
Fri, 20 May 2022 22:30:45 +0000https://www.digit.info/2022/05/20/report-cryptocurrency-can-potentially-complement-mobile-money-argues-kenyan-banker/Read more]]>The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change […]