The government department responsible for managing the country's finances, including the formulation of regulations for the crypto sector.
Kenya’s Crypto Licence Rules Target Long-Term Operators Instead of Speculators
The VASP Regulations emphasize that a virtual asset license is meant for building and operating a business, not for speculative trading. Successful applicants must begin operations within 12 months of receiving their license to avoid losing it.
Kenya’s crypto bill passes assembly stage, but new rules could make or break the market
Kenya's National Assembly approved the Virtual Asset Service Providers (VASP) Bill at the committee stage. The bill will be sent to President William Ruto for assent after the third reading.
