Kenya's Ministry of Finance has completed the public consultation phase for the 2026 Virtual Asset Service Providers (VASP) regulatory draft. This regulation will operationalize the 2025 VASP Act, establishing a legal framework that includes licensing, AML/CFT measures, client asset segregation, and market monitoring. It also introduces minimum capital requirements, cybersecurity audits, and mandatory insurance. The next step involves consolidating stakeholder feedback to finalize the details. Kenya, known for its high cryptocurrency adoption rate, aims to balance financial innovation with consumer protection through this legislation.