Tag: outdated regulations

  • IMF Calls on Kenya to Harmonize Cryptocurrency Regulations with International Standards

    The International Monetary Fund (IMF) has issued a significant advisory to the Kenyan government, urging a comprehensive overhaul of its existing regulatory framework pertaining to cryptocurrencies. This recommendation arises from growing concerns regarding the prevalence of financial scams and the necessity for alignment with global standards that promote financial stability. As the digital currency landscape…