Description

Virtual Asset Service Providers Bill 2025 including user identification requirement was introduced to National Assembly

On 8 April 2025, the Virtual Asset Service Providers Bill 2025 was introduced to the National Assembly. Under Part V of the Bill, all virtual asset service providers would be required to comply with the full range of anti-money laundering and counte…

Scope

Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2025-04-08
under deliberation

On 8 April 2025, the Virtual Asset Service Providers Bill 2025 was introduced to the National Assem…

2025-10-15
adopted

On 15 October 2025, the President of Kenya signed the Virtual Asset Service Providers Act 2025 (Act…

2025-11-04
in grace period

On 4 November 2025, the Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025) including use…

2026-11-04
in force

On 4 November 2026, the one-year transitional period under section 47 of the Virtual Asset Service …