KENYA’S CRYPTO PLAY: FROM CAUTION TO REGULATION

Kenya is moving to regulate crypto with a Virtual Asset Policy and VASPs Bill 2025, signaling a shift from its earlier ban.

With 2.8M crypto holders and growing, this framework could unlock major market opportunities while addressing risks like fraud and money laundering.

The IMF is nudging Kenya to align with global standards - a move that could legitimize the space but may bring heavier compliance costs for businesses.

Regulation brings structure, but it’s a double-edged sword. Watch closely.

Source: Bitcoinist