Kenya Crypto Rules: Stablecoin Interest Banned, Nov Deadline

Kenya's Virtual Asset Service Providers Regulations, gazetted July 2026, ban stablecoin interest payments and impose a 4 November 2026 licensing deadline for existing crypto operators. The framework splits supervision between the Central Bank (fiat conversion, stablecoins) and Capital Markets Authority (exchanges, tokenization), applies to offshore platforms serving Kenyan users, and sets tiered capital requirements from KSh30m to KSh300m depending on licence type.

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