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"id": 1507140,
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"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
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"content": "Thank you, Mr. Deputy Speaker, Sir. I want to inform the Senate Majority Leader that we explored the issue of cryptocurrency and virtual assets in the Committee. However, there was time limit to the extent that I was not able to explore that when we were discussing it at the Committee level. However, when I was seconding this Motion, the bulk of my conversation was on the issue of innovation, dealing with cryptocurrency and virtual assets. Maybe you were not here. I recognise that we do not have a substantive law that can deal with this in the country today. The CBK needs to respond to part of it. However, as legislature, there is a part that we must deal with, which is developing proper laws that can protect customers who are consuming these virtual assets and cryptocurrencies. I therefore recognised it in my moving notes."
}