← Back

Wire · regulatory

Why global cooperation is crucial for regulation of Kenya's virtual assets

Published

7 September 2026

Topic

regulatory

Sectors

Fintech

Geography

Kenya

Source

Read at businessdailyafrica.com

Verified

Fusion42 · 7 September 2026 · Fusion42 review

Kenya has enacted its first comprehensive Virtual Asset Service Providers (VASPs) Act in 2025, aligning with international regulatory standards and emphasizing the need for cross-border cooperation to manage risks posed by virtual assets like cryptocurrencies. The country’s accession to IOSCO's Enhanced Memorandum of Understanding (EMMoU) underscores this global regulatory collaboration.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

Kenya's new VASP law and joining international data-sharing agreements open the door for you to enter the local crypto market with clearer rules and better fraud protection. Your move is to align your compliance now while global cooperation tightens enforcement across borders.

Coverage

1 source · 7 Sep 2026

Related on Wire

Topics

Fintechvirtual-assetscrypto-regulationcross-border-cooperationfintech-regulationkenya