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Originally published by The Standard Business
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May 18, 2026
1w ago

Kenya Blockchain industry pushes for faster stablecoin adoption as regulators weigh new digital asset rules

Kenya Blockchain industry pushes for faster stablecoin adoption as regulators weigh new digital asset rules

Kenya’s fintech and blockchain industry is stepping up calls for faster adoption of stablecoins as a solution to Africa’s costly and slow cross-border payment systems...

✨ Key Highlights

Kenya's blockchain industry is advocating for faster stablecoin adoption to address challenges in cross-border payments, while regulators are developing new digital asset rules.

  • Key discussions occurred at the fourth Kenya Blockchain and Crypto Conference (KBCC) in Nairobi.
  • Industry leaders, including Sheila Waswa (organiser), highlighted that cross-border payments can take up to two weeks and are expensive.
  • The Nairobi International Financial Centre Authority, Central Bank of Kenya, and Capital Markets Authority are working on regulations for virtual asset service providers.

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