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{
    "id": 1583347,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1583347/?format=api",
    "text_counter": 305,
    "type": "speech",
    "speaker_name": "Suba North, ODM",
    "speaker_title": "Hon. Millie Odhiambo-Mabona",
    "speaker": null,
    "content": " Thank you Hon. Temporary Speaker for giving me this opportunity to contribute to this Bill. I thank the Leader of the Majority Party for bringing this timely Bill. The Leader of the Majority Party indicated when moving the Bill that virtual assets are digital presentations of value that are capable of being traded or transferred. Because they are not physical assets, there are many issues that are likely to arise. Some of the things that Members have said is the heightened risk of money laundering, terrorist financing, fraud, market manipulation and operational and cyber security vulnerabilities. There is also the issue of lack of regulation which I am happy that with this The electronic version of the Official Hansard Report is for informationpurposes only. A certified version of this Report can be obtained from the Hansard Editor."
}