Category: REGULATORY & FINANCIAL CRIME

In brief A crypto licence Kenya businesses once operated without now sits at the centre of the law. For years, the official position on cryptocurrency in Kenya was a warning. The Central Bank cautioned the public, banks closed accounts linked to crypto trading, and the businesses serving one of Africa’s most active crypto markets operated…

Kenya FATF grey list status has become one of the most important compliance issues for businesses, financial institutions, investors, and professional advisers. Much of the conversation in Nairobi treats Kenya’s eventual exit from the Financial Action Task Force (FATF) grey list as a finish line. It is closer to a gate. Crossing it relieves a…