IMF Advises Kenya to Overhaul Crypto Regulations
2025-07-03 23:48:19
Description
The International Monetary Fund (IMF) has recommended that Kenya revise its outdated crypto regulatory framework to align with global standards. According to a report from Cointelegraph , the IMF highlighted that Kenya’s reliance on traditional market regulations for governing the crypto industry has led to a surge in crypto-related fraud and financial crimes. This call to action is part of a broader effort to improve anti-money laundering (AML) practices and address the risks of terrorism finan...
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