As a January 2021 report published in The Telegraph 11 points out: “According to industry data, around 13% of all Bitcoin sits in the hands of just over 100 individual accounts." They are referred to “crypto whales”.
This is a momentous occasion for our banking sector that has come together for the first time to showcase what they are doing for the Micro, Small and Medium-sized Enterprises (MSMEs). I am grateful to Your Excellency for gracing this occasion but more importantly for consistently challenging the banking industry on financing MSMEs.