Fresh news from the crypto world! 🌍 The IMF has recommended that Kenya establish a clear and predictable regulatory environment for cryptocurrencies. This aims to protect consumers and address risks of money laundering and terrorist financing.
- Kenya faces challenges with outdated regulations, which have increased crypto scams.
- The IMF suggests aligning Kenya's crypto laws with international standards.
- Short and long-term actions are proposed to strengthen the legal framework.
What do you think about these recommendations? Leave us your comments!