Kenya Stablecoin Regulation — Live

Stablecoin Regulation Tracker

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Regulator

Regulated Stablecoin Types Supported

Type	Supported	Notes

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Timeline

Kenya Stablecoin RegulationStage: LiveRegulator: Central Bank of Kenya (CBK), Capital Markets Authority (CMA)Virtual Asset Service Providers Bill 2025 passed October 13; dual regulatory structure: Central Bank of Kenya licenses stablecoin issuers; Capital Markets Authority licenses exchanges/trading platforms; projected 1M+ users by 2026; 1:1 backing expected for stablecoins; at-par redemption anticipated; strict AML/CFT compliance; client fund segregation required; aligns with US/UK regulatory models; aims to attract Binance/Coinbase; positioning Kenya as African crypto hub.Applicable Laws:

Virtual Asset Service Provider Act 2025 (Enacted - Commencement is to be announced) - https://www.treasury.go.ke/wp-content/uploads/2025/01/VIRTUAL-ASSET-SERVICE-PROVIDERS-BILL-2024.pdf

Regulator

Regulated Stablecoin Types Supported

Member Countries

Licensed Issuers

Timeline