Kenya’s crypto party is over. Now comes the compliance bill.

Kenya’s rules could therefore create new winners and losers. Virtual asset businesses will be racing to meet the November 4 deadline to transition and comply with the new regime and its requirements. Lower capital requirements give smaller local businesses a… Kenya’s rules could therefore create new winners and losers. Virtual asset businesses will be racing to meet the November 4 deadline to transition and comply with the new regime and its requirements. Lower capital requirements give smaller local businesses a clearer path into some parts of the market, while stablecoin issuers, offshore platforms, and companies with weak compliance systems face higher costs and closer scrutiny.