According to James Mwangi (CEO of Kenya’s largest banking conglomerate Equity Group Holdings), the African continent will significantly develop technologically and economically if it opens its arms to the digital asset industry. To do so, local authorities should cooperate with regulators, convincing them of crypto’s benefits.
Crypto Could be Africa’s Stepping Stone
In a recent interview for Bloomberg, Mwangi argued that the African countries should dive into the fourth industrial revolution to catch up with the rest of the globe. He believes cryptocurrencies are part of that transformation, and they can bring certain advantages to the domestic economy, such as “complement the mobile money:”
“Africa will benefit substantially from leapfrogging on the fourth industrial technologies, and cryptocurrency is one of them. Cryptocurrency can as well complement the mobile money wallet, but essentially, we need to talk to the regulators.”
The financer noted that mobile money trans
We współpracy z: https://cryptopotato.com/africa-could-benefit-substantially-by-adopting-crypto-says-top-kenyan-financer/
