Kenya seeks public input on draft crypto licencing regulations
- Kenya's National Treasury has opened public consultation on draft regulations for cryptocurrency businesses.
- The consultation period runs until April 10, 2026, with nationwide forums starting March 30.
- The draft regulations operationalize the Virtual Asset Service Providers (VASP) Act signed into law by President William Ruto in October 2025.
The establishment of a regulatory framework for cryptocurrencies in Kenya is a progressive step that could enhance investor confidence and foster innovation in the digital asset space. However, it is crucial for the regulations to strike a balance between compliance and the need for a conducive environment for growth in this rapidly evolving sector.
