Nairobi, July 28 -- The Treasury has published new regulations to govern stablecoin and tokenisation issuers, virtual asset exchanges and wallet providers, brokers, managers, investment advisers and payment processors.

This is in response to the rising use of digital currencies in recent years, as Kenyans adopt them as a payment method for imports, from freelance work to multinational firms, and to wire money home using the tokens.

The new Virtual Asset Service Providers (VASP) Regulations, 2026, form subsidiary legislation for the Virtual Assets Service Providers Act 2025, which became effective in November 2025.

Who exactly will need to be licensed under the new framework?

The regulation covers virtual asset exchanges such as Binanc...