Kenya’s VASP Act clarifies rules for crypto payment gateways used by businesses
On Oct. 15, 2025, Kenyan President William Ruto signed the Virtual Asset Service Providers (VASP) Act, establishing a clear regulatory framework for crypto payment gateways. Under the law, platforms including BitPesa (AZA Finance), ZinariPay, IntaSend and Ivorypay can operate compliantly, letting merchants accept Bitcoin, Ethereum and stablecoins such as USDT and USDC while settling in Kenyan shillings (KES). These services typically integrate with M-Pesa and local banks, aiming to cut cross-border fees and speed up settlement. The impact described centers on strengthening stablecoins’ role in East Africa’s payments infrastructure, rather than direct policy benefits or risks for other major non-stablecoin tokens.