National Assembly
Passed
High Priority
Virtual Asset Service Providers Act, 2025
An act to regulate cryptocurrency and digital asset providers in Kenya, establishing licensing requirements and compliance standards for crypto businesses
Bill Information
Sponsor
HNN
Hon. Njuguna Ndung'u
Cabinet Secretary for Treasury
UDA
Key Dates
Introduced:1/15/2025
Last Updated:10/15/2025
Current Stage:Assented
Public Opinion
72%
28%
Based on 1,450 public submissions
Categories & Tags
Technology
cryptocurrency
blockchain
fintech
regulation
passed
2025
innovation
Legislative Timeline
Progress100%
First Reading
2025-01-15
Public Participation
2025-01-20 to 2025-02-10
Second Reading
2025-03-05
Committee Stage
2025-09-15
Third Reading
2025-10-07
Presidential Assent
2025-10-15
Bill Summary
Overview of the Virtual Asset Service Providers Act, 2025
An act to regulate cryptocurrency and digital asset providers in Kenya, establishing licensing requirements and compliance standards for crypto businesses
Bill Details
Type:Government
House:National Assembly
Category:Technology
Priority:High
Legislative Process
Current status and next steps
The bill is currently at the Assented stage with 100% progress completed.
This bill has successfully completed all legislative stages and has been signed into law.