Kenya: Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025) including authorisation requirement for virtual asset offerings enters into force with grace period

Description

Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025) including authorisation requirement for virtual asset offerings enters into force with grace period

On 4 November 2025, the Virtual Asset Service Providers Act 2025 (Act No. 20 of 2025) including authorisation requirement for virtual asset offerings enters into force with one-year grace period for existing providers. Section 34 prohibits any perso…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

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 aut…

2026-11-04
in force

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