Kenya: Central Bank's Digital Credit Providers Regulations entered into force
Description
Central Bank's Digital Credit Providers Regulations entered into force
On 18 September 2022, the Central Bank of Kenya (CBK) (Digital Credit Providers) Regulations, 2022, entered into force. Entities already conducting digital credit business at the commencement of these regulations were required to apply for a licence…
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