Kenya’s National Treasury, through a multi-agency task force and in consultation with the Central Bank of Kenya (CBK) and the Capital Markets Authority, has published draft Virtual Asset Service Providers Regulations, 2026 together with a Regulatory Impact Statement, and opened a public participation process. The draft regulations are intended to operationalise the Virtual Asset Service Providers Act, 2025 by establishing a legal framework for licensing and regulating the activities of virtual asset service providers in and from Kenya. The draft regulations and impact statement have been posted on the National Treasury, CBK and Capital Markets Authority websites, with public comments requested using the template provided and due by Friday, 10 April 2026. The Treasury also scheduled in-person public participation forums across the country from 30 March to 10 April 2026 in Mombasa, Kisii, Kisumu, Wote (Makueni), Kirinyaga, Kakamega, Garissa, Kitale, Meru, Njoro and Nairobi, each running from 9:00 am to 1:00 pm.
Central Bank of Kenya 2026-03-18
Central Bank of Kenya joins National Treasury consultation on draft regulations to license and regulate virtual asset service providers
Kenya’s National Treasury, in collaboration with the Central Bank of Kenya and the Capital Markets Authority, has released draft Virtual Asset Service Providers Regulations, 2026, to implement the Virtual Asset Service Providers Act, 2025. The regulations aim to establish a legal framework for licensing and regulating virtual asset service providers in Kenya. A public participation process has been initiated to gather feedback.