Kenya’s 2025 Crypto Bill Officially Becomes Law: A Trader’s Guide to VASP Licensing and Compliance
TL;DR, Kenya’s VASP bill is now law—six‑month grace period for existing platforms, with penalties up to KES 10M ($77,400) or 10 years in prison. Twin‑pillar oversight by CBK and CMA; strict AML/CFT/CPF, cybersecurity controls, asset segregation, and seven‑year record‑keeping anchor day‑to‑day compliance. Licensing requires applications, fit‑and‑proper leaders, independent boards, annual renewals, audited financials,…
