bne IntelliNews – Kenya nears landmark crypto law to regulate digital assets
Kenya is a key step closer to formalising cryptocurrency and digital asset regulation after the National Assembly approved the Virtual Asset Service Providers (VASP) Bill at the committee stage, clearing the way for a final reading and presidential assent.
Treasury Secretary John Mbadi announced in January that the draft framework aims to regulate VASPs and Virtual Assets (VAs) while “managing the resultant risks” that cryptocurrencies facilitate money laundering and fraud.
…
