Cryptocurrency operators are required to have a minimum paid-up capital of up to Sh300m, a reduction from the earlier proposed Sh500m.
Kenya Treasury cut stablecoin capital requirements 40% (Sh500M→Sh300M) after industry pressure. Regulatory shift signals emerging markets treating crypto as settlement infrastructure; enterprise adoption (remittance, trade finance) gains legitimacy despite AML oversight.
By
Dennis Musau
Technology Correspondent
Nation Media Group
The Treasury has substantially cut its earlier proposed minimum capital for cryptocurrency firms by up to 40 percent, bowing to pressure amid warnings that steep charges would deter investments in the fast-rising segment.
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