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

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
Read More »
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Read More »

Recent Politics

South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Read More »
Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
Read More »

Latest Posts

Latest news insights