Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto. Accordingto the Blockchain Association of Kenya (BAK),EBDOL lie The National Assembly’s Departmental Committee on Finance and National Planning has directed it to prepare the first draft of “what could become a virtual asset service provider’s bill.”
On Oct. 31, the Committee on Finance and National Planning invited BAK representatives to discuss the digital assets regulation. BAK’s legal and policy director, Allan Kakai, sharedthe details behind the meeting with the local media, Mariblock: