November 22, 2024

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Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

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Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
Kenya Establishes Working Group to Draft Rules Governing Crypto EntitiesThe Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]