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Kenya Moves To Legalize Crypto – Details

  • The Republic of Kenya is making moves to create a legal framework for crypto operations.
  • Kenya's National Treasury and Economic Planning Department has called for public consultation on its proposed regulatory structure.
  • The framework includes the Draft National Policy on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) and the Virtual Asset Service Providers Bill, 2025.
  • This development follows recommendations from the International Monetary Fund (IMF) for Kenya to align with global standards in crypto regulation.

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