Code & Chain · Signal Desk

Kenyan Crypto Companies Apply for Licenses Under VASP Rules

Original sourceTechbookyAdditional: Techsoma Africa

Summary

Kenya is formalizing its crypto industry through the Virtual Asset Service Providers Regulations (VASP) 2026, establishing licensing, governance, capital, reporting, consumer protection, and anti-money laundering rules for companies providing virtual asset services in Kenya. The regulations are des…

Key points

  • Understanding crypto regulation progress in Africa is crucial for businesses operating or investing in the region.
  • Kenya's VASP regulations mark the maturity of Africa's crypto market, potentially attracting more compliant investment.
  • Crypto businesses must comply with Kenya's new regulations; compliance costs may rise, but it also brings greater market trust.

Editorial note

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