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.

This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.

Create your free account or sign in


Recent Business

Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda’s inflation cools to 5.1% as health and energy costs climb
Read More »
Food items on sale. Photo by Viki Mohamad @ Unsplash
South Africa unlocks $650mn indigenous agricultural market to boost economy
Read More »
Gíza, Egypt. Photo by Andrés Dallimonti @ Unsplash
Egypt’s inflation climbs to 12.5% in October as housing cost surges
Read More »

Recent Politics

Street market in Kaduna, Nigeria. Photo @Pexels
Trump’s military threat over ‘Christian genocide’ splits Nigeria
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »
Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »

Latest Posts

Latest news insights