Building a fair crypto future for Kenya – Why the VASP Bill matters

By Larry Cooke NAIROBI, Kenya, Aug 21 - Kenya has long stood at the forefront of financial innovation in Africa. From the pioneering days of M-Pesa to the Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya is poised to strengthen its position as a leader in digital finance with the introduction of the Virtual Asset Service Providers (VASP) Bill, 2025. This legislation aims to create a clear regulatory framework for the country's vibrant cryptocurrency ecosystem, building trust and protecting consumers while fostering innovation.
- The VASP Bill, 2025 seeks to establish trust and transparency in Kenya's rapidly growing crypto sector, which hosts one of Africa's most active user bases.
- As the Head of Legal Counsel for Binance Africa, Larry Cooke emphasizes that thoughtful regulation can unlock opportunity and protect consumers.
- Binance has significantly invested in Kenya through educating
thousands of young people on blockchain and financial literacy, and by partnering with local businesses to expand access to digital payments.
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