Kenya’s VASP Bill to unlock growth and legitimacy for crypto startups

Kenya’s VASP Bill Creates A Defining Moment for Web3 Innovation Amid Regulatory Challenges

Analysis: Kenya's impending Virtual Asset Service Providers (VASP) Bill, 2025, aims to formalize the country's Web3 industry by providing regulatory clarity and consumer protection to the rapidly growing digital asset sector. While experts see potential benefits like reduced remittance costs and new financial models, concerns remain regarding overregulation and its impact on innovation.

Kenya launches Huawei ICT competition to promote digital literacy among youth

Analysis: Huawei launched its 10th ICT competition in Nairobi, Kenya, on August 14 to enhance digital literacy and foster innovation among local youth. The event, attended by government officials and industry executives, aims to attract over 10,000 participants from tertiary institutions nationwide.