[IMF Urges Kenya to Legislate Travel Rules, Mandating Crypto Companies to Share Customer Identity Information] Odaily reports that the International Monetary Fund (IMF) has urged Kenya to expedite the enactment of the Virtual Asset Service Provider (VASP) Regulations or other appropriate legal documents to implement travel rules requiring VASPs to collect, verify, and share the identity information of senders and recipients of encrypted transfers. This data will be shared between service providers and between the Kenya Financial Reporting Centre (FRC). The IMF points out that Kenya still faces significant gaps in its information exchange regarding encrypted asset transfers, in accordance with the requirements of the Financial Action Task Force (FATF). Kenya has been on the FATF's grey list for anti-money laundering and counter-terrorism financing since February 2024.