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3232Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
https://www.digit.info/kenyan-president-requests-bitcoin-miner-marathon-digital-to-review-nations-cryptocurrency-regime/
Mon, 06 May 2024 11:21:21 +0000https://www.digit.info/2024/05/06/kenyan-president-requests-bitcoin-miner-marathon-digital-to-review-nations-cryptocurrency-regime/Read more]]>The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan Energy Ministry. Kenya’s Policy Shift Kenyan President William Ruto recently announced that his […]
]]>Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
https://www.digit.info/kenya-establishes-working-group-to-draft-rules-governing-crypto-entities/
Fri, 26 Apr 2024 08:38:37 +0000https://www.digit.info/2024/04/26/kenya-establishes-working-group-to-draft-rules-governing-crypto-entities/Read more]]>The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]
]]>FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group
https://www.digit.info/fatf-grey-listing-concern-prompts-kenya-to-establish-a-crypto-working-group/
Fri, 23 Feb 2024 13:00:32 +0000https://www.digit.info/2024/02/23/fatf-grey-listing-concern-prompts-kenya-to-establish-a-crypto-working-group/Read more]]>The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole regulatory body to oversee the cryptocurrency industry. Lack of Regulation Threatens […]
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan Energy Ministry. Kenya’s Policy Shift Kenyan President William Ruto recently announced that his […]
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The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan […]
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The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole regulatory body to oversee the cryptocurrency industry. Lack of Regulation Threatens […]
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