Kenya's Virtual Asset Bill: A New Chapter for Bitcoin and Crypto Regulation
Wednesday, 15 October 2025, 07:51
Kenya's Groundbreaking Virtual Asset Legislation
Kenya has taken a monumental step in cryptocurrency governance by signing the Virtual Asset Bill into law. This law establishes a framework for Bitcoin and other digital currencies, ensuring stronger regulation and oversight.
Key Features of the Virtual Asset Bill
- Licensing of Exchanges: The bill provides a licensing mechanism for cryptocurrency exchanges to operate legally.
- Regulatory Oversight: It places digital assets under the control of Central Bank of Kenya (CBK) and Capital Markets Authority (CMA).
- Enhanced Investor Protection: Aiming to secure investors and promote confidence in the crypto space.
This regulatory framework is expected to foster innovation and attract investments in Kenya’s growing crypto ecosystem.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.