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Originally published by Capital Business
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business
October 13, 2025
2h ago

Parliament passes first crypto law, awaits Presidential assent

Parliament passes first crypto law, awaits Presidential assent

NAIROBI, Kenya Oct 13 - Parliament has passed the Virtual Asset Service Providers (VASP) Bill, 2025, with President William Ruto expected to assent it Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya's Parliament has passed its first dedicated cryptocurrency law, mandating licensing and oversight for all virtual-asset service providers (VASPs) operating in or from the country. This legislation, now awaiting Presidential assent, aims to regulate the burgeoning digital asset space, protect consumers, and align with global anti-money laundering standards.

  • All entities offering virtual-asset services will require licenses and operate under designated oversight.
  • The bill passed its Third Reading last week, after being first tabled in April 2025.
  • The National Treasury retains powers to establish a separate authority in the future, if needed, for supervision.

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