Kenyan Regulator Investigates 15 Unlicensed Investment Firms Including Crypto Entities

The Capital Markets Authority of Kenya (CMA Kenya) has flagged 15 entities for operating without required licenses, triggering investigations by the Directorate of Criminal Investigations (DCI Kenya). The list includes several crypto and digital-asset firms such as QVSE, Kore Exchange, Bitblock Capital, CBEX, Ultima Cryptocurrency, and Opticoin. Authorities warned that these firms were unlawfully soliciting funds from the public and urged affected investors to report their cases to the DCI.