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Industry Groups Warn New Crypto Rules Could Drive Kenyan Startups Offshore

Bitcoin.com

Bitcoin News / Bitcoin.com 11 Views

Representatives of the Kenyan industry warn that proposed licensing rules could exclude startups, concentrate the market among well‑funded firms, and push users toward offshore platforms. Strict Licensing and Oversight Requirements Kenya’s cryptocurrency industry is reportedly raising concerns over draft regulations that would require firms to hold significant amounts of paid-up capital before obtaining operating licenses. […]
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