Kenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs
Key Takeaways Kenya’s National Treasury proposed a mandate forcing stablecoin issuers to hold 30% of reserves in local banks. Crypto platforms warn the rule could trap liquidity and increase remittance costs across Kenya. Industry leaders seek to continue 2026 talks with regulators to balance user protection with sector growth. Protecting the Local Market Cryptocurrency exchanges…
