IMF Urges Kenya to Align with Global Regulations
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Kenya, often cited as an example for cryptocurrency adoption in Africa, finds itself in the crosshairs of the IMF. But instead of a hammer blow, the institution has opted for gentle recommendations, advocating for an update of outdated regulations and alignment with international standards. The burning question: how will this modernized framework impact an emerging crypto market, rich in promises but still in its infancy?
The IMF urges Kenya to modernize its crypto laws
In a freshly published technical report, the IMF, author of a new offensive in El Salvador, reminded…
