The proposed #VASPBill2025 has expressly excluded peer-to-peer platforms from licensing requirements under Section 2. However, licensing requirements for "Virtual Asset Escrow Service Providers" have been provided for in The Schedule. 

Peer-to-peer platforms often offer escrow services to ensure that all obligations are performed in an exchange. Excluding P2P platforms from licensing aligns with global best practices while supporting Kenya's nascent crypto ecosystem.
#VASPBill2025