#美国加密货币监管 The situation following the implementation of encryption laws in Kenya these days reminds me of the Bitcoin craze in the country back in the day. In just a few days, Bitcoin ATMs have popped up all over large shopping malls in Nairobi, standing side by side with traditional bank counters. What a familiar scene this is.

Although Kenya has introduced regulations, it is clear that the supervision is still lagging behind the market's pace. The central bank and the Capital Markets Authority urgently issued a statement emphasizing that no licenses have been granted to any VASP, and all claims of approval are illegal promotions. In this situation, investors should be cautious.

Interestingly, Bitcoin has been widely used in local impoverished communities as an alternative banking system. This reminds me of some small cities in the country where Bitcoin was once all the rage. But history tells us that the unregulated wild growth often does not end well.

For friends who want to enter the market, my advice is: don't rush to follow the trend. Wait until the regulations are truly in place and the market environment is more stable. After all, taking risks in places where regulations are unclear can easily lead to losses. Safety first; living longer allows you to make money.