Post by Olawale Shoyemi (@amd)

๐ŸŒ AMD Intel: Stablecoin issuers in Kenya face $3.85 million minimum capital under new draft rules

Stablecoin issuers must also maintain a minimum paid-up capital of KES 500 million (approximately $3.85 million) and core or liquid capital of KES 100 million (about $771,000).

๐Ÿ“ฐ Via TechCabal

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Source: https://amd-signal-beacon.vercel.app/signal/ext_e6yrb9-h492922

๐ŸŒ AMD Intel: Stablecoin issuers in Kenya face $3.85 million minimum capital under new draft rules...

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