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Kenya’s Crypto Space: New Competition Proposed Rules Target Exchanges, DeFi in Sweeping Draft Regulations

Nairobi, Kenya – The Kenyan government has unveiled its most comprehensive cryptocurrency regulatory framework to date through the Kenya Competition (Digital Asset Markets) Rules, 2024. These draft rules – currently open for public comment – represent a seismic shift in how crypto businesses must operate, with stringent requirements that could force half of existing platforms…

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Bitcoin kenya

The VASP 2025 Bill: A Critical Opportunity for Stakeholders in Kenya’s Crypto Landscape to Submit Their Views—What You Need to Know

Kenya’s cryptocurrency landscape is at a pivotal moment as the government introduces the Virtual Asset Service Provider (VASP) 2025 Bill. This proposed legislation aims to regulate the rapidly growing crypto industry, providing a framework for oversight and consumer protection. However, the bill also raises important questions about its potential impact on innovation, investment, and financial…

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