Kenya Prepares to Legalize Cryptocurrencies in Policy Shift: Report

Quick Summary:

Kenya's move represents a significant policy shift from their previous warnings about the crypto industry.

CoinDesk did not hear back from Kenya's Treasury before press time.

A United Nations report at the time showed roughly 8.5% of Kenyans owned cryptocurrencies.

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Article Details

Author / Journalist: Francisco Rodrigues, Camomile Shumba

Category: Crypto

Markets: United StatesCubaKenya

Topics: Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 17:53:00 (4 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25118252

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About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #8

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