2026-03-19 05:38:09

I have just gone through the VASP Bill and one of the most absurd parts is that Kenya wants to regulate crypto stablecoins.

Entry fee: $3.8M(Ksh 500 million.)
In a country where M-Pesa does the exact same thing and nobody ever asked Safaricom for Ksh 500M!
Is this really regulation or gatekeeping?

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