The Kenyan Parliament has passed the Virtual Asset Service Providers Bill to promote investment
2025-10-13 22:49:29
Kenya's parliament has passed the Virtual Asset Service Providers Bill, which aims to promote investment in digital assets and cryptocurrencies through clear regulatory rules. The bill sets the central bank as the licensing authority for the issuance of stablecoins and other virtual assets, and the capital markets regulator is responsible for the licensing of crypto exchanges and related platforms. The bill now needs to be signed by President William Ruto.
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