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Kenya parliament passes crypto asset law to boost investments

From channelnewsasia.com

Kenyan lawmakers have passed a bill to regulate digital assets like cryptocurrencies, a senior parliamentarian said on Monday, as it seeks to boost investments into the sector by putting clear rules in place for the emerging industry. Legislators enacted the Virtual Asset Service Providers Bill last week, said Kuria Kimani, the chairman of the finance committee in the national assembly, seeking to address worries over the lack of clear regulations to govern the sector. The move puts the East African nation one step away from joining others like South Africa as the only African nations with laws to govern the digital ... (full story)

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