🌍【IMF Suggests Kenya Strengthen Cryptocurrency Regulation】The IMF urges Kenya to establish a clear and predictable regulatory environment for the cryptocurrency market to protect consumers and address AML and CFT risks. Currently, Kenya relies on outdated regulations from traditional markets, leading to an increase in crypto scams and criminal activities. The IMF recommends developing a regulatory framework that aligns with international standards while considering the unique challenges and opportunities of the local market. Do you think such regulation could promote innovation? Feel free to share your thoughts in the comments!