Kenya Digital Asset Regulatory Framework
Capital Markets Authority (CMA) Regulatory Sandbox framework alongside Central Bank of Kenya (CBK) payment oversight under the National Payment System Act.
Granular breakdown of specific statutory requirements, licenses, and official gazette citations.
VASP & Exchange Licensing Requirements
Official authorization procedures, incorporation rules, and regulatory capital requirements for virtual asset service providers.
Stablecoin Issuance & Settlement Regulations
Rules governing fiat-referenced tokens, payment processing, reserve asset custody, and interbank settlement accounts.
Commercial Banking Intermediation & Settlement Rails
Permissions and prohibitions governing commercial bank relationships with crypto exchanges and customer accounts.
Digital Asset Legal Classification & Token Offering Rules
Statutory definitions of virtual currencies, securities qualification, and token offering frameworks.
Digital Asset Taxation & Transaction Withholding
Direct tax rates, capital gains obligations, withholding rules, and revenue authority directives.
| Statute / Circular Title | Official Reference | Legal Status | Effective Date | Official Gazette |
|---|---|---|---|---|
| Finance Act 2023 - Digital Asset Tax | Act No. 4 of 2023 | ENACTED BINDING | 2023-09-01 | GAZETTE |
| Regulatory Sandbox Policy Guidance Note | PGN/02/2019 | ENACTED BINDING | 2019-03-25 | GAZETTE |
| National Payment System Act | Cap 491 | ENACTED BINDING | 2011-12-01 | GAZETTE |