A new era for virtual assets in Kenya is officially underway. The National Treasury has released the Draft Virtual Asset Service Providers (VASP) Regulations, 2026, for public consultation. This isn’t just regulatory paperwork; it is the definitive blueprint that will operationalize the VASP Act of 2025 and dictate how virtual asset businesses are built, licensed, and scaled in Kenya.
The proposed regulatory framework is a collaborative work of the National Treasury, the Central Bank of Kenya (CBK), and the Capital Markets Authority (CMA). It introduces game-changing provisions, including the following:
- Clear Paths to Market: Comprehensive licensing and authorization for VASPs
- Ecosystem Trust: Robust consumer protection, market conduct, and governance standards
- Institutional Security: Capital prerequisites, stringent cybersecurity, and clear reporting obligations.
- Next-Generation Finance: Ground rules for Stablecoin issuance and the Tokenization of Real-World Assets (RWAs)
This is where you come in.
We are calling on all our members, other industry players, and stakeholders: Do not let someone else draft your future.
Dedicate some time to review the framework, challenge any assumptions, and submit your informed feedback.
- Public Participation Forums: Nationwide sessions running from 30 March–10 April 2026
- Written Submissions Deadline: 10th April 2026. Submit your official comments directly to pstnt@treasury.go.ke or vasps@treasury.go.ke.
You may also channel your feedback through VASPA. We will aggregate your perspectives into our official, consolidated response to the National Treasury. Please email your views to secretariat@vaspa.org on or before 3rd April 2026.
VASPA will also hold a virtual town hall soon where the proposed framework will be discussed by industry stakeholders mainly from Kenya. Follow our social media pages: Linkedin, Facebook, and X.
Let’s build a business and regulatory environment that positions Kenya as one of Africa’s leading hubs for virtual assets. Read the draft. Have your say. Shape the future.