Kenya’s Virtual Asset Service Providers (VASP) · LEAD
VASP Explained: Kenya’s New Crypto Rulebook
It’s not law until assent and subsidiary rules land, but the direction of travel is now clear: exchanges and wallet firms will need licences, client money must be ring-fenced, and the Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) will coordinate oversight. For a country that has mixed deep fintech adoption with persistent crypto ambiguity, this is a consequential reset.