Search

IMF Supports Kenya’s Move to Regulate Cryptocurrency

Nairobi, Kenya. © Unspalsh
  • IMF warns legal gaps in crypto use expose consumers to risks.
  • Stablecoins like USDT widely used in Kenya for cross-border payments.

Nairobi, Kenya – The International Monetary Fund (IMF) has backed Kenya’s plan to regulate crypto-asset activities in the country, cautioning that the current legal lacuna is leaving consumers exposed.

Recent Business

Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
European investors commit $100mn to modernise Senegal’s Port of Dakar
Read More »
Taxi bus Libreville, Gabon. Photo @ Unsplash
Gabon raises over $190mn from regional bond sale
Read More »
A ferry in Botswana. Photo @ Pixabay.
Botswana GDP rebounds 8.2% as diamond surge ends six-quarter slump
Read More »

Recent Politics

don-jackson-wyatt-sbhubyl7lWI-unsplash
US launches deadly airstrikes against terrorist groups in Nigeria
Read More »
African election. Photo by Mikhail Nilov @ Pexels
East Africa’s electoral bodies face credibility test over disputed polls
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »

Latest Posts

Latest news insights