Saturday, 14 November 2026

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Kenya introduces mandatory licensing for crypto firms

The Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) have introduced mandatory licensing requirements for cryptocurrency and other virtual asset service providers operating in Kenya.

Kenya introduces mandatory licensing for crypto firms
Image: Nairametrics

The Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) have introduced mandatory licensing requirements for cryptocurrency and other virtual asset service providers operating in Kenya.

Why it matters

Africa’s crypto market needs clear rules that protect consumers without pushing innovation and legitimate businesses offshore.

Source: Nairametrics. Image: Nairametrics.

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