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3.8%
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The Kenya Capital Markets Authority (CMA) is conducting a tender for a blockchain analytics platform to support the regulation of crypto assets following the implementation of the Virtual Asset Service Providers Act 2025. According to the tender documents, the platform will support real-time and historical transaction monitoring on at least 20 blockchains, including Bitcoin and Ethereum, to identify activities such as fraud, money laundering, terrorist financing, and sanctions evasion. It will also feature cross-chain fund tracking, transaction relationship analysis, high-risk wallet identification, and detection of unlicensed offshore platforms providing services to Kenya. Currently, Kenya has not yet issued any virtual asset service provider licenses, and existing operators must achieve compliance by November 2026. (Decrypt)