Some adjustments on Kenya's Virtual Asset Providers Bill on capital requirements.


Stablecoin Issuers are now required to have a paid up capital of Sh 300M. Previously it was at 500M.
Crypto Exchanges are required to have a paid up capital of Sh 100M. Previously this was at Sh 150M.
For wallet providers , the fee remains untouched at Sh 150M same case with payment processors.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned