Kenya is preparing a bill to legalize cryptocurrencies after a series of government warnings. Finance Minister John Mbadi noted that the country intends to create a regulatory framework to take advantage of the opportunities in the cryptocurrency industry while reducing risks associated with money laundering and fraud. In December 2024, a policy draft was presented aimed at creating a stable and competitive market for cryptocurrency players.
1/13/2025 11:56:40 AM (GMT+1)
Kenya is developing a bill to legalize cryptocurrencies with the aim of creating a stable market and regulating risks associated with money laundering, fraud, and terrorism financing ⚖️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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