The Central Bank of Kenya, responsible for formulating monetary policy and regulating the banking sector.
ESET’s Allan Juma On The Rising Wave of Cryptocurrency Scams and Cyber Frauds
Suspected scam notifications have surged by nearly 3,000% in some African countries according to INTERPOL. Fraudsters are exploiting Africa's rapid digital adoption through fake AI trading platforms and counterfeit smartphones loaded with malware.
Kenya Establishes Multi-Agency Group To Regulate Cryptocurrencies and Digital Assets
Kenya's government has established a multiagency technical working group to regulate cryptocurrencies. The group will develop a regulatory and monitoring framework for virtual assets and virtual asset service providers.
