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Established AML/KYC and registration framework. Provides meaningful oversight, though with fewer investor protections than Tier 1.
Kenya's Capital Markets Authority regulates the issuance of securities and the operation of capital markets. The CMA has licensed several forex brokers targeting the East African retail trading market.
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Check an exchange's licence status directly on CMA's public register.
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Find my brokerCMA is classified as a Tier 2 crypto regulator. Established AML/KYC and registration framework. Provides meaningful oversight, though with fewer investor protections than Tier 1.
We currently list 0 crypto exchanges regulated or registered under CMA. The full list is shown above, sorted by overall rating.
CMA is based in Kenya and covers the Kenya jurisdiction. As a Tier 2 regulator, it requires AML/KYC registration and provides meaningful oversight, though investors should also verify whether the exchange holds additional licences.
Visit the official CMA website and use their public register or licence verification tool. Enter the exchange's registered name to confirm its current status. This is the most reliable way to verify regulatory standing.
CMA regulation primarily addresses licensing, AML/KYC compliance, and operational standards. Compensation for hacks depends on the exchange's own insurance fund or Proof of Reserves commitments, not typically a government-backed compensation scheme. Always choose exchanges with published cold storage ratios and Proof of Reserves attestations.