Stablecoin issuers in Kenya face $3.85 million minimum capital under new draft rules

1. 1Review the draft rules to understand the minimum capital requirements
2. 2Calculate the minimum paid-up capital and core or liquid capital needed
3. 3Determine if holding capital equivalent to 100% of current liabilities for 30 days is a viable alternative
4. 4Assess the impact of these rules on business operations and financial planning

Regulatory compliance teams and financial managers at stablecoin issuing companies in Kenya will benefit from understanding these new draft rules to ensure they meet the required capital standards

💡 Stablecoin issuers in Kenya must maintain a significant minimum capital to operate under new draft rules

🚨 Kenya proposes $3.85M minimum capital for stablecoin issuers 🚨