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Kenya's Central Bank Seeks Powers to Take Over Struggling Fintechs
Kenya's central bank is seeking legislative authority to take over struggling fintech companies, a regulatory posture being watched for whether Ghana's Bank of Ghana may pursue similar powers given the growth of the country's payments sector. The development is assessed as a regional regulatory signal rather than a direct Ghana event.
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- Kenya’s central bank seeks powers to take over struggling fintechs · techcabal.com · T1