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Originally published by Capital Business
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business
November 18, 2025
2h ago

CBK: Licensing of crypto service providers to begin after new regulations are issued

CBK: Licensing of crypto service providers to begin after new regulations are issued

The Central Bank of Kenya says licensing of Virtual Asset Service Providers will start once new regulations under the Virtual Assets Service Providers Act, 2025 are released. No VASPs have been licensed yet as Treasury develops implementing rules...

✨ Key Highlights

The Central Bank of Kenya (CBK) announced that the licensing of Virtual Asset Service Providers (VASPs) will commence only after new regulations under the Virtual Assets Service Providers Act, 2025 are issued. This clarification follows the act's gazetting on October 21 and effectiveness from November 4, bringing Kenya's digital asset market under statutory regulation.

  • CBK and the Capital Markets Authority (CMA) confirmed they have not yet licensed any VASPs in or from Kenya under the new law.
  • The National Treasury is currently developing detailed implementing regulations for licensing, supervision, risk controls, and compliance.
  • The new law designates CBK and CMA as joint regulators and introduces stringent anti-money laundering, governance, reporting, and consumer protection obligations.

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