After Njoroge’s term, the Kenyan government has displayed an openness to delve into the realm of cryptocurrency regulation instead of completely banning it. They have begun collaborating with entities such as the Kenyan Blockchain Association to formulate regulatory structures. Additionally, the present administration has established a task force to create an all-encompassing regulatory and monitoring framework for virtual asset service providers.
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Kenya Enlists Marathon Digital as Consultant for Cryptocurrency Regulations and Mining Energy Requirements
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