Crypto Daily™33 minutes ago

Published on April 12, 2025 12:54 GMT+00:00edited on April 12, 2025 13:04 GMT+00:00

Kenya is in the advanced stage of introducing a regulatory framework for crypto. Kenya’s National Treasury has submitted a bill to the National Assembly to regulate the activities of Virtual Asset Service Providers (VASPs) in the country. 

While other African countries, such as Mauritius and South Africa, have advanced the regulation and adoption of cryptocurrencies, Kenya still lags.

Virtual Asset Service Providers Bill 2025 Lands Before the National Assembly

Kenya announced it will regulate digital assets by introducing the Virtual Asset Service Providers Bill 2025 (VASP). The Virtual Asset Service Providers Bill is Kenya’s first comprehensive legislation regulating the overall cryptocurrency section. The Bill marks a vital step in Kenya’s journey to embrace cryptocurrency and …