Kenya's Stablecoin Rules Set A New Framework For Digital Finance

Kenya has gazetted the Virtual Asset Service Providers (VASP) Regulations, 2026, creating a formal regulatory framework for stablecoins. The new rules require issuers to obtain a licence and hold at least 30% of their reserves in Kenyan commercial banks, a move driven by FATF grey-listing and concerns over capital flight.

This Wire brief sits within Fusion42's coverage of Crypto & Web3. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.