Finance Bill 2026 has put the digital payments sector on edge, with the cryptocurrency industry calling on the government to grant tax exemptions on proposed new levies.
More than six million Kenyans using digital assets now face formal regulation for the first time, as the government rewrites its approach to a fast-growing sector.
The proposed regulations come amid rising adoption of cryptocurrencies, blockchain technology and digital financial products in Kenya.
Kenya plans to tighten the regulation of cryptocurrencies by requiring virtual asset service providers to meet high capital and licensing thresholds under the new VASP framework.
Kenya is moving closer to full crypto regulation as regulators and industry players refine rules under the VASP framework following the 2025 law.
A cryptocurrency exchange is using helmet distribution to boda boda riders to explain digital security concepts, linking physical safety gear to protecting online assets.