PANews reported on January 10 that according to Jinshi, Kenyan Finance Cabinet Secretary John Mbadi said on Friday that Kenya is preparing legislation to legalize cryptocurrencies, marking a major shift in the government's position. Kenya prohibits the use of cryptocurrencies, but the public still uses them widely underground to circumvent restrictions. "The emergence and development of virtual assets and virtual asset service providers have brought innovation to the local and international financial systems, bringing dynamic opportunities and challenges," Mbadi said in a statement outlining the new policy.
Kenya prepares legislation to legalize cryptocurrencies
- 2025-01-10
In the past 24 hours, the total network contract liquidation was 361 million US dollars, mainly long orders
- 2025-01-10
US regulators propose stronger consumer protections for crypto accounts, hold companies accountable for hacker losses
- 2025-01-10
Genius Group purchased an additional $5 million worth of Bitcoin at an average price of $94,047
- 2025-01-10
Bybit announced that it will temporarily restrict services to Indian users from January 12
- 2025-01-10
The first illegal individual currency trader in Taiwan was investigated, with more than 100 transactions per month and a profit of 800,000 yuan
- 2025-01-10
Data: Hong Kong virtual asset ETF today's transaction volume is about HK$22.31645 million