Crypto Traders on Edge as Kenya Moves to Tighten Rules on Digital Assets
submitted 6 months ago by Samuelwriter_ke
submitted 6 months ago by Samuelwriter_ke
- The National Treasury of Kenya has released draft regulations for Virtual Asset Service Providers (VASP) to ensure safety in the growing crypto industry, focusing on consumer protection and preventing financial crimes.
- These regulations require local licensing for crypto businesses, impose strict operational rules, and invite public feedback before finalizing the rules.
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