CA pushes for new tools to regulate innovations

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Ezra Chiloba at a past event on August 31, 2023. PHOTO | DENNIS ONSONGO | NMG

The communications regulator is pushing for the adoption of alternative regulatory tools to oversight new and emerging innovations such as digital currencies in Kenya.

Appearing before a special committee of the national assembly, the Communications Authority of Kenya (CA) director-general Mr Ezra Chiloba said the lack of a fully operational digital currency framework poses a risk of money laundering and consumer protection.

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