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 ⚖️
135
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
Franklin Templeton launches an ETF tracking the price of the cryptocurrency XRP, reflecting the growing interest in digital assets and expanding opportunities for investors
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Ripple receives the first regional license from the Dubai Financial Services Authority to provide regulated crypto payments and services in the Dubai International Financial Centre
The hacker group Dark Storm has claimed responsibility for the large-scale cyberattack that caused disruptions on the social network X (formerly Twitter)
Binance launches a voting mechanism for the listing and delisting of tokens, providing users with more control and supporting new promising projects
Japan is reducing taxes on cryptocurrency and introducing new rules for regulating digital assets, including increased control over unregistered exchanges
Bolivia will start using cryptocurrency to pay for fuel imports against the backdrop of a dollar shortage and economic crisis in the country's energy sector
