In the wake of Kenya's first comprehensive cryptocurrency legislation, Bitcoin ATMs have rapidly appeared in several major malls in Nairobi, challenging the regulatory framework. Local reports indicate that these machines, branded as "Bankless Bitcoin," are installed alongside traditional bank counters. In response, the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) issued a joint statement clarifying that no licenses have been granted to any Virtual Asset Service Providers (VASPs), labeling any claims of approval as illegal. Despite the regulatory gap, Bitcoin is increasingly used in impoverished areas like Kibera, serving as an alternative banking system.