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{
"id": 1284078,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1284078/?format=api",
"text_counter": 480,
"type": "speech",
"speaker_name": "Sen. Thang’wa",
"speaker_title": "",
"speaker": null,
"content": "money in the cryptocurrency awaiting to get a few more extra cryptos because it is something that they use to earn money. Mr. Temporary Speaker, Sir, I am a believer of cryptocurrency and actually own a few coins because I want to understand it. Some people call crypto a scam. If you think it is a scam, then start yours. It is just a technology of block chain. There are two countries in the world that use bitcoin or cryptocurrency as their legal tender. That is the Republic of El Salvado and the Central African Republic (CAR). The Central Bank of Kenya (CBK) should send a delegation to those countries in order to understand how a country like El Salvador has allowed Bitcoin to be their legal tender or how the Central African Republic uses Bitcoin as a legal tender. We should regularize cryptocurrency instead of fighting it. Let us have the Capital Markets Authority (CMA), the CBK and stockbrokers have cryptocurrency because it is just like shares. The only difference is that it happens online."
}