🚨 Kenya is turning heads in the crypto space as it drafts a legal framework for virtual assets, signaling a major shift in its previously anti-crypto stance. The government has rolled out two key documents: the Draft National Policy on Virtual Assets and Virtual Asset Service Providers, along with the Virtual Asset Service Providers Bill, 2025. These aim to establish licensing rules, counter money laundering, and usher in a fair, secure digital economy.

This move comes after the IMF encouraged Kenya to align its crypto policy with international standards. Once a harsh critic of crypto back in 2015, Kenya is preparing to join the global blockchain evolution. Public consultations on the framework will run until January 24, and the nation seems ready to embrace the opportunities of Web3 while tackling its associated risks.

What’s next for Kenya? Either way, this could set a precedent for other African nations to follow.

#Web3Africa #CryptoRegulation #BlockchainFuture

⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.