A report by Chainalysis highlights the growing uptake of cryptocurrency in the African continent. It is said that the market grew by 1200% in 2021 with many new users from key economies like South Africa, Nigeria, and Kenya. Whilst cryptocurrency offers potential benefits including promoting financial inclusion, policymakers are concerned over lack of regulation and worry that the growing demand poses risks of harm to consumers and other investors, and may potentially undermine the effectiveness of monetary policy, creating risks for financial and monetary stability. FTX has brought all these issues to the fore.

This panel discussion will provide insights on trends and developments in Africa's crypto assets markets exploring topics including the growing number of cryptocurrency disputes in litigation and arbitration, the right balance between market freedom and setting clear regulatory guidance, consumer protection issues, and lessons from the UK and other jurisdictions.

This event will be hybrid.

Timings:

8:30am: Registration and Breakfast

9:00am - 10:30am: Seminar

Chair: Sir William Blair

Panellists:

Ambassador Bitange Ndemo, Kenya’s Ambassador to the Kingdom of Belgium
Chi Nnadi, Chief Executive Officer at Mara
David Quest KC, 3VB
Saima Hanif KC, 3VB
James Potts, 3VB

Africa’s growing Crypto Market - In person