Kenya’s capital markets regulator puts Crypto assets under close watch
The International Monetary Fund says while the rise of crypto assets is inevitable, central bank backed digital currencies can help mitigate some of the difficulties for cross-jurisdiction monitoring by regulators. PHOTO | AFP
Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Kenya’s Capital Markets Authority will give more attention to crypto assets as technology permeates all facets of the financial markets.
In the Capital Markets Soundness report, the regulator says crypto assets, which are tradeable digital possessions or forms of money that exist only online, have lately been on the rise globally and must now be given adequate attention.
