Kenya: Operational license requirement in Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025)
Progress
Scope
Timeline of events
Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025) including licensing requirement enters into force for existing providers
On 4 November 2026, the one-year transitional period under section 48 of the Virtual Asset Service Providers Act, 2025 (Act No. 20 of 2025) expires. From this date, all persons providing virtual asset services in or from Kenya must hold a valid lice…
SourceVirtual Asset Service Providers Act, 2025 (Act No. 20 of 2025) including operational licence requirement enters into force with grace period
On 4 November 2025, the Virtual Asset Service Providers Act, 2025 (Act No. 20 of 2025) Virtual Asset Service Providers Act, 2025 (Act No. 20 of 2025) enters into force with a one-year grace period for existing providers. The Act prohibits any person…
SourcePresident signed Virtual Asset Service Providers Bill 2025 including operational licence requirement
On 15 October 2025, the President of Kenya signed the Virtual Asset Service Providers Act, 2025 (Act No. 20 of 2025) into law. The Act prohibits any person from carrying on, or purporting to carry on, the business of virtual asset services in or fro…
SourceVirtual Assets Service Providers Bill 2025 including operational license requirement was introduced to National Assembly
On 4 April 2025, the Virtual Assets Service Providers Bill 2025 was introduced to the National Assembly. The Bill would establish a licensing framework for virtual asset service providers (VASPs). The Bill requires entities to obtain a licence from …
SourceVirtual Assets Service Providers Bill 2025 including operational license requirement was announced
On 9 January 2025, the Kenyan government announced its intention to introduce the Virtual Assets Service Providers Bill 2025, establishing a licensing framework for virtual asset service providers (VASPs). The Bill requires entities to obtain a lice…
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