Patrick Njoroge, governor of the Central Bank of Kenya, delivered a speech at the Kenya Fintech Forum where he outlined three objectives that will help advance financial technology and make it as useful as possible.
The Central Bank of Kenya published a discussion paper that explores the possibility of a Central Bank Digital Currency. Comments about the potential issuance of a government-backed digital currency and its potential uses are open to the public and will be accepted until May 20, 2022.
German authorities raid JPMorgan Chase, Russian superyachts find new home in sanctions-free Turkey, and more, in the midweek roundup.
Terrorists embrace fintech, blacklisted Russians relying on cryptocurrency, and more, in the midweek roundup.
The Central Bank of Kenya issued an enforcement action against Absa Bank Kenya PLC for failing to apply certain anti-money laundering compliance control standards on foreign exchange trades conducted in March 2020.