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Kenya’s National Assembly passes Finance Bill 2026, awaiting assent

Regulation

Kenya’s National Assembly passed the Finance Bill 2026 on 18 June, with 122 MPs voting in favour and 40 against. The bill now awaits presidential assent; its provisions include retained reporting requirements for virtual asset service providers.

The bill’s reporting obligations may affect compliance requirements for virtual asset providers serving Kenya.

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Regulation

Brazil’s STF weighs betting suspension as legal challenges raise uncertainty

Brazil’s Supreme Federal Court (STF) is considering the constitutionality of Provisional Measure 1,394/2026, which temporarily suspended the regulated fixed-odds betting market. At a 3 November hearing, Justice Luiz Fux raised questions about legal certainty, non-retroactivity and the measure’s constitutional basis; the source says the court may consider how a ruling affects companies already approved. A separate appellate ruling granted temporary relief to CDA Gaming, though the source text ends before detailing its effect.

Justice Luiz Fux of the Supreme Federal Court (STF) scheduled a hearing on November 3, and 36 associations attended to debate Provisional Measure (MP) 1,394/2026. Under that measure, Brazil's regulated fixed-odds betting market was put on temporary hold.

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