Executives from leading banks in Kenya recently met at Movenpick Hotel, Nairobi, to consider the Central Bank Digital Currency [CBDC] framework, which CBK released in March 2022.

During the Breakfast at Movenpick Hotel, Bankers made their thoughts known, including their concerns and fears in regards to the CBDC framework. Prof. Bitange Ndemo, who was the keynote speaker, interrogated the document on behalf of bankers, highlighting comprehensively the very basics that will govern the use of CBDC.

For a comprehensive undertaking on this particular event, we have packaged together a summary of what transpired during conducted a digital interactive session with questions on various issues in regards to CBDC, and the participants were more than glad to give their responses.

It is our humble submission to present the Governor of the Central Bank, Dr. Patrick Njoroge, with this document for consideration.