The National Treasury has opened the door for Kenyans to shape the rules governing the country’s digital asset sector, inviting public input on draft regulations for virtual asset service providers.
The draft regulations, developed in collaboration with the Central Bank of Kenya and the Capital Markets Authority, are intended to operationalize the Virtual Asset Service Providers Act, 2025, and establish clear guidelines for licensing and oversight.
In a notice published in the MyGov publication on March 17, 2026, the Treasury said the draft Virtual Asset Service Providers Regulations, 2026, alongside a Regulatory Impact Statement (RIS), were prepared by a Multi-Agency Task Force.
The goal, it stated, is “to provide for the legal framework for licensing and regulating the activities of Virtual Asset Service Providers in and from Kenya.”
“The draft Regulations and RIS have been posted on the National Treasury website… Central Bank of Kenya website… and Capital Market Authority website,” the notice added, urging stakeholders to review the documents and submit feedback.
Public participation will run through April 10, 2026, with the Treasury encouraging submissions by mail, hand delivery, or email to the Principal Secretary.
The process is being conducted in accordance with Sections 4(a) and 5(3)(a) and (b) of the Statutory Instruments Act, ensuring that citizens’ views are considered in shaping the regulatory framework.
To foster broad engagement, the government has scheduled a series of public forums across the country starting March 30.
The sessions will take place in Mombasa, Kisii, Kisumu, Makueni, Kirinyaga, Kakamega, Garissa, Kitale, Meru, Njoro, and Nairobi. Each forum is set to run from 9 am to 1 pm and will target multiple counties in each region, providing a platform for stakeholders from the financial sector, technology industry, and the general public to contribute to the discussions.
The initiative highlights Kenya’s drive to establish clear regulations for a rapidly evolving digital landscape. By balancing oversight with innovation, the Treasury and its partners aim to mitigate risks associated with virtual asset transactions while providing a legal framework for the growth of digital finance in the country.
