Video Summary
Kenya’s National Assembly has approved the Virtual Asset Service Providers Bill at the committee stage, clearing the way for its final reading before President William Ruto’s assent. Once passed, the bill will give Kenya a clear regulatory path for cryptocurrencies, tokenisation, and digital asset services.
The VASP Bill puts the Central Bank of Kenya and the Capital Markets Authority in charge of oversight, while the Treasury will design detailed rules. These will cover stablecoins, tokenised …
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