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Markets regulator to clamp down online currency brokers

Capital Markets Authority CEO Paul Muthaura, Prof Levi Obonyo and Kenya Association of Manufacturers Vice Chair James Otanga at a recent Annual Media Summit. [Jenipher Wachie, Standard]

The capital markets regulator will clamp down on unlicensed online currency traders, its top official has said.

Capital Market Authority's (CMA) Chief Executive Paul Muthaura said the move will help regulate the forex black market.

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