The Republic of Kenya is making moves to create a legal framework for crypto operations.
Kenya's National Treasury and Economic Planning Department has called for public consultation on its proposed regulatory structure.
The framework includes the Draft National Policy on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) and the Virtual Asset Service Providers Bill, 2025.
This development follows recommendations from the International Monetary Fund (IMF) for Kenya to align with global standards in crypto regulation.