1 min read
Kenya’s CBK Operationalizes Virtual Asset Service Provider Regulations
Licensing review includes whether directors and senior officers meet fit-and-proper criteria.

The Central Bank of Kenya has operationalized regulations requiring virtual-asset service providers to obtain licenses.
The regulations require virtual-asset service providers to obtain licenses. Licensing review also considers whether directors and senior officers meet fit-and-proper criteria.
The framework sets licensing and governance conditions for firms seeking to provide virtual-asset services in Kenya.