"The Central Bank of Kenya (CBK) has opened recruitment for senior and managerial positions to oversee licensing and compliance for virtual asset service providers (VASPs), signaling its intent to operationalize crypto regulation before the final rulebook is in place."
"The recruitment drive comes seven months after Kenya's parliament passed the Virtual Asset Service Providers Act in October 2025, establishing the country's first legal framework for crypto oversight."
"A manager-level hire will lead the licensing function, reviewing applications, recommending approvals or rejections, and developing standard operating procedures for the new regime."
"Two deputy managers will handle licensing and product approval, and compliance oversight, respectively, including risk-based supervision of licensed VASPs, anti-money laundering checks, and cybersecurity assessments."
The Central Bank of Kenya has initiated recruitment for four positions dedicated to overseeing virtual asset service providers (VASPs) following the enactment of the 2025 VASP Act. This recruitment indicates a commitment to professionalize and stabilize Kenya's crypto market. A 13-member committee will manage the VASP regime once the rules are finalized. The roles include licensing, product approval, and compliance oversight, marking a significant step in operationalizing crypto regulation in the country.
#central-bank-of-kenya #virtual-asset-service-providers #crypto-regulation #recruitment #financial-oversight
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