Kenya’s landmark crypto bill now awaits Ruto’s assent to become law
First introduced in 2024, the bill establishes the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) as joint regulators of digital assets. The Treasury Cabinet Secretary will have powers to issue detailed rules on stablecoins, tokenisation of real-world assets, trading platforms, capital and solvency standards, and anti-money laundering compliance.
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Kenya’s landmark crypto bill now awaits Ruto’s assent to become law
First introduced in 2024, the bill establishes the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) as joint regulators of digital assets. The Treasury Cabinet Secretary will have powers to issue detailed rules on stablecoins, tokenisation of real-world assets, trading platforms, capital and solvency standards, and anti-money laundering compliance.
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