Kenyan Tech Leaders Urge Balanced Crypto Regulation as 2025 VASP Bill Takes Shape
Summary
Kenyan tech executives at a Nairobi Bitcoin conference urged regulators to understand Bitcoin before drafting rules. The 2025 Virtual Asset Service Providers Bill shifts from informal guidance to strict consumer protection, with licensing and tax reporting standards being finalized by April 2026. The Central Bank of Kenya and Capital Markets Authority are designing compliance requirements, as industry leaders push for regulation that curbs fraud and safeguards financial stability without being overly restrictive.
Source
bskyKenyan Tech Leaders Urge Balanced Crypto Regulation as 2025 VASP Bill Takes Shapebriefly.coKey quotes
· 1 pulledIndustry leaders said regulation should curb fraud and safeguard financial stability while avoiding overly res
You might also wanna read
Kenyan Treasury Pushes 30% Reserve Requirement as Stablecoin Firms Warn of Higher Costs
Senate crypto bill faces uncertain July timeline amid crowded legislative agenda and housing bill dispute
A sweeping cryptocurrency bill faces a narrowing path to passage in the U.S. Senate as the July legislative calendar becomes overcrowded wit
theblock.co·12d agoSEC Schedules Urgent Crypto Meeting to Clarify Regulations
SEC crypto rule changes are high on its 2026 agenda
UK's FCA announces comprehensive crypto regulations requiring capital reserves and stress testing
The UK's Financial Conduct Authority (FCA) has announced sweeping new regulations requiring crypto firms operating in the country to prove t
theguardian.com·8d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.