Kenya moves to regulate digital assets with new crypto bill
Kenya proposes the Virtual Assets Service Providers (VASP) Bill to regulate the cryptocurrency sector. The bill requires all virtual asset providers to be licensed by designated regulators.
Kenya proposes first crypto bill to regulate ICOs, stablecoins, exchanges
Kenya proposes its first regulatory framework for cryptocurrencies with the Virtual Asset Service Providers Bill 2025. The bill introduces licensing rules for stablecoins, ICOs, digital wallets, crypto exchanges, and investment advisors.
Swypt launches Kenya’s first decentralised stablecoin as crypto regulations tighten
Swypt integrated cKES, Kenya's first decentralized stablecoin, on Mento. The platform debuted at ETHSafari 2023 and officially launched in June 2024.
Safaricom Launches M-PESA Powered Investment Fund
Launch of Ziidi Money Market Fund (MMF) by Safaricom. Partnership with Standard Investment Bank and ALA Capital Limited.
Kenya Implements Real-Time Crypto Tax Monitoring with New System
KRA to implement a real-time tax system for cryptocurrency transactions. Kenya has approximately four million crypto users, ranking high in Africa for adoption.
