Kenya moves to deploy blockchain analytics before crypto licensing begins
Kenya's capital markets regulator plans to procure blockchain surveillance software as the country prepares to license and supervise crypto firms under its new law.
➤ Kenya's Capital Markets Authority (CMA) is procuring blockchain surveillance software to monitor crypto transactions across over 20 networks. ➤ This move supports the country's new virtual assets law and upcoming licensing framework for crypto firms, aiming to enhance compliance and detect illicit activities. ➤ Kenya joins other global regulators in utilizing advanced analytics tools to oversee its significant cryptocurrency market.












