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.
Mutua.base.ethShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.



