59 h. ago Kenya's Virtual Asset Service Providers Act, 2025: A New Licensing And Supervision Framework For VASPs

Kenya's Virtual Asset Service Providers Act, 2025: A New Licensing And Supervision Framework For VASPs  Mondaq

Politics

3 d. ago Kenya unveils virtual exhibition platform to elevate creative economy

Kenya unveils virtual exhibition platform to elevate creative economy  Dawan Africa

Politics

9 d. ago KESONIA Explained: How Kenya’s New Loan Benchmark Affects Your Borrowing

The Kenyan banking sector is about to face a major change as the Central Bank of Kenya shifts all variable-rate new loans to a single reference rate called the Kenya Shilling Overnight Interbank Average, alias KESONIA. The move, aimed at modernizing the country’s benchmark interest rate framework, promises more transparency, fairness, and predictability in lending. Effective September 1, 2025, CBK introduced the revised Risk-Based Credit Pricing Model, providing that all new variable-rate loans should be priced based on KESONIA. However, many banks negotiated a 3-month grace period to update their systems and obtain board approvals for full implementation of the The post KESONIA Explained: How Kenya’s New Loan Benchmark Affects Your Borrowing appeared first on Nairobi Wire.

Politics

2 w. ago INTRODUCING | The Kenya Digital Assets Industry Launches the Virtual Assets Association of Kenya (VAAK)

INTRODUCING | The Kenya Digital Assets Industry Launches the Virtual Assets Association of Kenya (VAAK)  BitKE

Politics

3 w. ago Bitcoin ATMs pop up in Nairobi malls as Kenya’s new crypto law takes effect

NAIROBI, Kenya Nov 18 – Bitcoin ATMs have been installed in several major malls across Nairobi just days after Kenya’s new law on virtual assets came into force, signalling a fresh push to take cryptocurrency services into mainstream retail spaces. The orange–branded “Bankless Bitcoin” machines have been spotted at shopping centres in Gigiri, including Two […] The post Bitcoin ATMs pop up in Nairobi malls as Kenya’s new crypto law takes effect appeared first on The DailyMail- Kenya.

Politics

3 w. ago CBK, CMA say Treasury finalising regulations to anchor licensing of crypto service providers

NAIROBI, Kenya, Nov 18 — The licensing of Virtual Asset Service Providers (VASPs) will only begin once new regulations under the Virtual Assets Service Providers Act, 2025 are issued. In a joint statement on Tuesday, the CBK and the Capital Markets Authority (CMA) clarified that neither agency has licensed any VASPs to operate in or […] The post CBK, CMA say Treasury finalising regulations to anchor licensing of crypto service providers appeared first on The DailyMail- Kenya.

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