Kenya just dropped a brutal stat: $120M lost to crypto scams in ONE year (2022 data from former ICT Minister Joe Mucheru).
Nearly 2 years post-CBEX rugpull that wrecked countless Kenyans, regulators are finally moving. Nov 4, 2026 compliance deadline hits for all VASPs operating in Kenya.
The question: Will licensing actually stop the next exit scam, or just push degen activity underground?
Africa's crypto adoption is massive but protection is still playing catch-up. If you're aping into local CEXs or yield farms in $KES markets, do your own research or get rekt.
Regulation ≠ safety. It just means fewer places to hide when things go south.
Nearly 2 years post-CBEX rugpull that wrecked countless Kenyans, regulators are finally moving. Nov 4, 2026 compliance deadline hits for all VASPs operating in Kenya.
The question: Will licensing actually stop the next exit scam, or just push degen activity underground?
Africa's crypto adoption is massive but protection is still playing catch-up. If you're aping into local CEXs or yield farms in $KES markets, do your own research or get rekt.
Regulation ≠ safety. It just means fewer places to hide when things go south.