Navigating Kenya’s Emerging Tech Regulations: A Guide for Fierce Female Innovators

As a tech-savvy creator, founder, or artist in Kenya, you’re already rewriting the rules of success in a digital-first world. But with whispers of regulatory changes on the horizon, it’s natural to feel uncertain about how they might impact your work, business, and creativity. Don’t worry—we’ve got your back!

1. Will regulations stop me from creating or selling NFTs?

Nope, you’re safe—unless your NFTs are being used for payments or investments. If they’re just your fabulous digital art, you’re good. But if they cross into financial territory, like tokenizing assets, then yes, you’ll need to follow the rules​.

2. What about staking Ethereum or other crypto? Will I need a license?

If you’re staking ETH casually or running a small setup at home, chill—you don’t need a license. But if you’re staking for others or operating on a commercial scale, that’s a different story. Businesses like those will need to register as Virtual Asset Service Providers (VASPs)​.

3. Do influencers, KOLs, or creators like me fall under these regulations?

You’re off the hook! Promoting crypto doesn’t make you a VASP. As long as you’re not managing wallets, transferring assets, or offering financial services, you don’t need to worry​.

4. What’s the deal with penalties and fines?

Play by the rules, and you’re golden. If not:

• Individuals could face fines of up to KES 10M or 10 years in jail.

• Companies? KES 20M in fines.

• And for daily violations? KES 3.75M per day. Yikes! So make sure you’re compliant​.

5. How does this affect peer-to-peer (P2P) transactions?

Good news—P2P transactions like Bitcoin trading won’t be regulated. The law focuses on centralized players like exchanges.

6. What steps should I take if I have concerns about the regulations?

Your voice matters! Share your feedback here:

• National Treasury Portal

• Virtual Assets Chamber of Commerce Form

Feedback will be reviewed and could shape the final draft, so don’t miss this chance to speak up.

Big Sister Pro Tip:

Stay informed, join women’s tech communities like AWIC Africa, and connect with mentors who can help you navigate these changes like the boss you are. You’ve got this! 💪