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Kenya's crypto sector stares at shake-up with new bill

Kenya's crypto sector stares at shake-up with new bill

Kenya will now be able to regulate the cryptocurrency and digital asset space if the Virtual Asset Service Providers (VASP) Bill 2024 is made law.

The bill, now before Parliament, proposes to license and regulate all entities dealing in virtual assets, such as cryptocurrency exchanges, digital wallet services, and custodians.

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