November 8, 2024

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FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group

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FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group
FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working GroupThe fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole regulatory body to oversee the cryptocurrency industry. Lack of Regulation Threatens […]