At the Inclusive FinTech Forum in Kigali, Bybit representatives discussed with industry leaders the importance of financial inclusion and cross-border payments for small and medium-sized enterprises.
Bybit's Participation in the Forum
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, participated in the Inclusive FinTech Forum held at the Kigali International Financial Centre. Bybit's Chief Legal & Compliance Officer, Robert MacDonald, was a featured speaker in the roundtable session on providing SMEs with inclusive access to cross-border currency flows.
Key Topics of the Session
The session focused on SMEs' cross-border business opportunities, currency fluctuation risk management, and payment security. Esteemed panelists included representatives from Africa's central banks and financial organizations, moderated by Valence Kimenyi from the National Bank of Rwanda.
Role of SMEs in Global Economy
Robert MacDonald emphasized that SMEs are the backbone of economic growth, requiring regulatory clarity and collaboration among industry stakeholders to support their expansion. By combining efforts from regulators, fintech providers, and financial institutions, an inclusive financial ecosystem can be created.
The Inclusive FinTech Forum provided an important platform for discussing and shaping directions for advancing financial inclusion and supporting SMEs on the global stage.