Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto

Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto

The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency trade to demystify it.”
Kenya’s Initial Draft Crypto Bill
A Kenyan parliamentary committee has told the Blockchain Association of Kenya (BAK) “to undertake robust public education on cryptocurrency trade to demystify it.” The committee has also asked the association and other stakeholders to prepare the initial draft of what “would be Kenya’s virtual asset service provider’s bill.”
The National Assembly’s Departmental Committee on Finance and National Planning has directed us and other industry stakeholders to prepare the first draft of what could become a virtual asset service provider’s bill.
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