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Kenya’s New Crypto Rulebook Bans Stablecoin Interest and Gives Operators Until November
Kenya has gazetted the Virtual Asset Service Providers Regulations, 2026, turning one of Africa’s most comprehensive crypto frameworks from an act of Parliament into an enforceable rulebook. Published in Kenya Gazette Supplement No. 185 under Legal Notice No. 134, the 116-page document completes the Virtual Asset Service Providers Act that President William Ruto signed in October 2025. For operators, two provisions matter from day one. The regulations prohibit stablecoin issuers from paying interest, closing off a common yield model, and they give firms already trading a hard deadline of 4 November 2026 to get ... (full story)
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From finance.yahoo.com | 11 hr ago
SkyBridge Capital founder Anthony Scaramucci said on Sunday that the Clarity Act is not perfect, yet "ten times better" than leaving cryptocurrency unregulated. In an X post, Scaramucci flagged the insincerity of politicians who insist on "compromise" on legislation, but then downplay or reject it when it actually happens. "Is CLARITY perfect? No. Could the ...
