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Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls
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Why This Matters
Kenya's new crypto law, the VASP Act, is facing challenges as Bitcoin ATMs appear in malls, despite regulators stating that no crypto firms are licensed under the new law. Regulators warn that providers claiming approval are operating illegally. This development may indicate a lack of enforcement or public demand for crypto services.
Market Impact
Market impact analysis based on bearish sentiment with 69% confidence.
Sentiment
Bearish
AI Confidence
69%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Kenyan regulators say no crypto firms are licensed under the new VASP Act and warn that providers claiming approval are doing so illegally.
Original article published by
Unknown
on November 19, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.