Kenyan crypto group submits policy proposals to regulators
VACC touted a review of the digital asset tax to the Kenyan technical working group on virtual assets regulations as part of its recommendations.
Kenya
Kenya issues draft policy on virtual assets regulation
The country is also asking for public input as it moves one step closer to establishing crypto rules.
Verda Ventures partners with Opera to launch $40 million MiniPay fund
The fund will support Web3 startups to build products around Opera’s MiniPay wallet.
Kenya’s stock exchange eyes tokenized securities with Hedera Council membership
The Nairobi Securities Exchange is looking to accelerate the tokenization of securities, targeting tech-savvy investors in Kenya's capital markets.
Kenya’s apex court upholds 3% Digital Asset Tax
Meanwhile, the KRA said it is working on a system to ensure real-time compliance with the tax regime.
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Paxful co-founder pleads guilty to AML conspiracy charges, faces prison time
The plea comes after a tumultuous year for the P2P bitcoin exchange, which temporarily suspended operations in 2023.