Kenya mulls local office mandate for crypto providers: report

Kenya is considering a policy that would require crypto providers to establish local offices in an effort to enhance regulatory oversight. Kenya is mulling a new policy that would require crypto businesses to open local offices, aiming to tighten oversight of the country’s fast-growing virtual asset industry, Bloomberg has learned, citing a draft law on […]

Kenya preparing to legalize crypto: report

Kenya’s Treasury Cabinet Secretary John Mbadi has announced plans for a draft policy aimed at regulating virtual assets and virtual asset service providers. Speaking on Friday, Mbadi said the proposed framework seeks to leverage the opportunities presented by cryptocurrencies while addressing associated risks, including money laundering, terrorism financing, and fraud, according to The Standard. Mbadi […]