No Bullshit Bitcoin on Nostr: 🇰🇪 Kenya is preparing to legalize cryptocurrencies, according to Treasury ...

🇰🇪 Kenya is preparing to legalize cryptocurrencies, according to Treasury Cabinet Secretary John Mbadi, indicating a shift in government stance. Although cryptocurrencies have been banned in the country, widespread public use has persisted underground, circumventing the restrictions.

"The Government of Kenya is committed to creating the necessary legal and regulatory framework in order to leverage opportunities presented by VAs and VASPs while managing the resultant risks," Mbadi said.

https://www.standardmedia.co.ke/article/2001509364/kenya-to-legalise-cryptocurrencies-says-treasury-cabinet-secretary