C
Originally published by Capital News
📰 Read Full Article
top
November 18, 2025
3d ago

CBK, CMA say Treasury finalising regulations to anchor licensing of crypto service providers

CBK, CMA say Treasury finalising regulations to anchor licensing of crypto service providers

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) and the Capital Markets Authority (CMA) have clarified that the licensing of Virtual Asset Service Providers (VASPs) in Kenya will only commence after the National Treasury finalizes and issues new regulations under the Virtual Assets Service Providers Act, 2025.

  • Neither the CBK nor the CMA has licensed any VASPs to operate in Kenya under the new law, which became effective on November 4.
  • The National Treasury is currently developing detailed implementing regulations for licensing, supervision, and compliance.
  • The new law brings Kenya's digital asset and cryptocurrency market under statutory regulation for the first time, designating the CBK and CMA as joint regulators.

Continue Reading

Read the complete article from Capital News

📰 Read Full Article

Related News