Kenya lowers stablecoin capital requirements to $2.3M, easing crypto entry while retaining Central Bank controls and 1-to-1 reserve rules.

Cryptocurrency operators are required to have a minimum paid-up capital of up to Sh300m, a reduction from the earlier proposed Sh500m.

Kenya lowers stablecoin capital requirements to $2.3M, easing crypto entry while retaining Central Bank controls and 1-to-1 reserve rules.