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Treasury bans interest on stablecoins to protect bank deposits
This is expected to discourage their use as interest-earning assets, which would risk a bank run.
Raccontata da
businessdailyafrica.com
Timeline cronologica
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How new Treasury rules on stablecoin will affect players
International crypto exchanges wishing to continue serving Kenyans will need to comply with local licensing requirements.
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Treasury bans interest on stablecoins to protect bank deposits
This is expected to discourage their use as interest-earning assets, which would risk a bank run.