Kenya is planning to legalize cryptocurrencies, a big change from its previous warnings against them.

The government wants to create rules to allow crypto businesses to operate safely while protecting people from things like money laundering and fraud. This follows a recent draft policy aimed at creating a fair market for crypto and promoting financial education. Kenya previously cautioned against crypto use, but now, with around 8.5% of the population owning crypto, the government is looking to regulate the industry rather than ban it.