Kenya moves to deploy blockchain analytics before crypto licensing begins
The post Kenya moves to deploy blockchain analytics before crypto licensing begins appeared on BitcoinEthereumNews.com. Kenya has moved to procure a blockchain surveillance platform capable of tracking transactions across more than 20 blockchain networks as the country prepares to supervise licensed crypto businesses under its new virtual assets law. Summary Kenya plans to deploy blockchain surveillance software as it prepares to regulate licensed crypto businesses. The proposed platform would track transactions across more than 20 blockchains and flag suspicious wallets and transfers. The move follows Kenya’s new virtual asset law and proposed reporting rules for crypto service providers. According to tender documents reviewed by Capital FM Africa, Kenya’s Capital Markets Authority (CMA) is seeking an advanced blockchain analytics system that can monitor digital asset activity in both real time and retrospectively. The proposed platform would support regulatory investigations, identi