Kenya: Governor of the Central Bank signed (Digital Credit Providers) Regulations
Description
Governor of the Central Bank signed (Digital Credit Providers) Regulations
On 14 March 2022, the Governor of the Central Bank of Kenya (CBK) signed the (Digital Credit Providers) Regulations, 2022. The regulations mandate that any entity intending to offer digital credit services in Kenya must obtain a licence from the CBK…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank