Kenya enacts virtual asset law with rules affecting online betting
Kenya enacted the Virtual Asset Service Providers Act, 2025, after Parliament passed it on 13 October and President William Ruto signed it two days later. The law assigns oversight roles to the Central Bank of Kenya and the Capital Markets Authority; the article says licensed betting operators must meet enhanced KYC and anti-money-laundering requirements for crypto transactions.
Betting operators using crypto for deposits or payouts face additional compliance obligations under the law.