Kenya regulator names 15 unlicensed crypto firms, investigation underway
- —CMA Kenya named 15 firms operating without licenses, including QVSE, Kore Exchange, CBEX, Ultima Cryptocurrency
- —DCI and other law enforcement agencies are actively investigating these companies
- —The regulator urged affected investors to contact the DCI
- —Some firms, such as QVSE, have already appeared in parliamentary inquiries
Why it matters: Kenya's crackdown on crypto fraud could boost confidence in regulated platforms and deter illegal schemes.
Source: BitcoinKE
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