Kenya has made significant progress in improving its anti-money laundering and counter-terrorism financing (AML/CFT) regime, according to the Financial Action Task Force (FATF). Since February 2024, Kenya has been working…
The Virtual Assets Chamber of Commerce (VACC), a virtual assets advocacy group in Kenya, has presented policy recommendations to the country’s technical working group on virtual asset regulations. The proposal…
The IMF report finds that Kenya lacks crypto-specific regulations, as existing frameworks under the CMA Act and CBK Act provide limited applicability, which led to market uncertainty and regulatory gaps.…