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:
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.
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.
The Virtual Asset Service Providers Association (VASPA) is a Pan-African industry body registered as an Incorporated Trustee with the Corporate Affairs Commission in Nigeria (CAC IT: 79069970) where it is headquartered. VASPA comprises individual, corporate, and institutional members from across Africa. For more information about us, please visit our website, www.vaspa.org. To become a Patron or Partner of VASPA, visit our Membership page: https://vaspa.org/become-a-member/. Individual and corporate members are also welcomed.
Abuja FCT, Nigeria — On March 31, 2026, the Central Bank of Nigeria (CBN) issued a press release announcing the commencement of an Anti-Money Laundering, Counter-Financing of Terrorism, and Counter-Proliferation Financing (AML/CFT/CPF) Supervision Pilot for a select group of Virtual Asset Service Providers (VASPs).
Abuja FCT, Nigeria — In a definitive nod to its growing authority and crucial coordinating role within the virtual asset sector, the Virtual Asset Service Providers Association (VASPA) has been officially enlisted by the Nigerian government to be a part of the Virtual Assets Working Group to help steer the country’s ongoing National Risk Assessment (NRA).
Founded in 2024, the Virtual Asset Service Providers Association (VASPA) is a Pan-African industry body registered as an Incorporated Trustee with the Corporate Affairs Commission in Nigeria (CAC IT: 79069970), comprising individual, corporate, and institutional members from across Africa. Join us to shape the future of virtual asset in Africa.
