Kenya's new Virtual Assets Service Providers (VASP) Act, 2025, is boosting crypto interest among retail investors, but experts are cautioning against market volatility and emotional trading as regulatory frameworks are still being established. The law aims to regulate crypto activities under the Capital Markets Authority (CMA) and the Central Bank of Kenya (CBK).

• The VASP Act introduces compulsory licensing, due diligence, and consumer protection for crypto exchanges and wallets.
• The Capital Markets Authority (CMA) and the Central Bank of Kenya (CBK) will oversee crypto intermediaries.
• Global crypto exchange Bybit advocates for Dollar Cost Averaging (DCA) and automated trading tools to mitigate risks for new investors.

The Kenya Revenue Authority (KRA) is enhancing collaboration with the private sector to streamline tax processes and foster a predictable business environment. This initiative aims to improve efficiency and support business growth through continuous engagement and automation.

• Significant progress reported in refund processing with government funding increased from Sh2.5 billion to Sh2.96 billion per month, effective July 2025.
• The adjustment allows businesses a maximum refund of Sh40 million per month, up from Sh30 million.
• The collaboration includes KRA, the Kenya Private Sector Alliance (KEPSA), and the Kenya Association of Manufacturers (KAM).