Kenya Positions Itself as Africa’s Crypto Gateway

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Kenya passed its Virtual Asset Service Providers Bill this month, establishing clear oversight for crypto trading and stablecoin issuance.
Under the new law, the central bank and Capital Markets Authority will license platforms and exchanges.
Finance Committee Chair Kuria Kimani said the goal is to make Kenya “the gateway into Africa” for digital assets.
The bill reflects surging youth adoption — with many Kenyans aged 18 to 35 already using crypto for payments, trading, and business.