Kenyan Authorities Announce Crypto Regulations, Supreme Court Ruling on Loans, and Measures Against Cartels - November 2025

Kenyan authorities have taken several actions related to economic regulation. Kenya and Ghana introduced new regulatory frameworks for virtual asset service providers (VASP) to combat fraud and improve transaction traceability. In a landmark judgment, the Supreme Court of Kenya has ruled that banks are not required to register new securities for additional credit, a decision which overturns a 2022 Court of Appeal ruling. The ruling is expected to reduce compliance costs for lenders. Additionally, the Director-General at the Competition Authority of Kenya (CAK), David Kemei, described cartels as an "invisible tax" on consumers. In response, the CAK is intensifying its efforts to combat cartel behavior across various sectors.