Kenyan central bank governor: Libra makes people interested in encryption technology, but Kenya still has a way to go from encryption

According to foreign media, Patrick Njoroge, president of the Central Bank of Kenya (CBK), recently said that people worried about Facebook's cryptocurrency Libra, because of Libra's hype, people have renewed interest in encryption technology. However, Kenya still has a long way to go to solve these problems (cryptocurrency). People are very interested in the new products that Facebook recently released. This is actually a far cry from any regulation, including the Fed’s recent announcement that Facebook’s cryptocurrency program needs to be suspended. These risks are obvious and need to be better understood before issuing a statement. Njoroge also added that the Kenyan central bank is working with other central banks around the world to deal with the regulation of cryptocurrencies.