Bitcoin ATMs in Kenya Expand as New Crypto Law Takes Effect

TLDR: Bitcoin ATMs in Kenya now operate in major malls, offering direct cash-to-Bitcoin transactions. Virtual Assets Service Providers Act empowers CBK and CMA to license and supervise VASPs. No VASPs have been licensed yet; operating without approval remains illegal in Kenya. Bitcoin adoption in Kibera predates ATMs, with small grants and merchant payments using crypto. [...]

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