Bitcoin News: Kenya Sees Bitcoin ATMs Appear Amidst New Crypto Law Rollout
The post Bitcoin News: Kenya Sees Bitcoin ATMs Appear Amidst New Crypto Law Rollout appeared on BitcoinEthereumNews.com.
Bitcoin ATMs appear in Nairobi malls days after Kenya’s new VASP law took effect, creating a stress test for regulators who have yet to issue licenses. Kenya implemented its first comprehensive cryptocurrency law recently. Bitcoin ATMs have been seen in major shopping malls in Nairobi. This sudden appearance puts an immediate stress test on regulators. Authorities say that no crypto provider has been authorized to work under the new framework yet. Regulatory Bodies Issue Strong Public Warning on Licensing Local media reports confirm that new machines were put into place. There are now several major malls in Nairobi that are hosting the kiosks branded as “Bankless Bitcoin.” These devices are installed beside conventional banking kiosks. Therefore, they provide cash-to-crypto services to the local citizens. This is not the first time that such infrastructure has come up, but these are more visible. Related Reading: Crypto News Today: Kenya Parliament Approves Crypto Regulation Framework | Live Bitcoin News The new Virtual Asset Service Providers (VASP) Act came into effect on November 4, 2025. In a joint public notice, the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) were quick in responding. The law provides a formal framework for the regulation of service providers of virtual assets. In addition, it has strict obligations as regards anti-money laundering and terrorism financing prevention. The Act makes the CBK and CMA joint regulators of the sector. They shall be shared in the licensing, supervision, and regulation of all VASPs in or operating from Kenya. The National Treasury is currently preparing detailed regulations in order to put the new law into practice. Thus, the licensing of providers will only begin with the issuance of these final rules. Source: X However, in spite of the entrance of the stake Bitcoin ATMs, the regulators put strong…
Filed under: News - @ November 19, 2025 10:27 pm