This is a clear, candid, and practical explainer for Kenyan Bitcoin and crypto company founders, lawyers, compliance officers, and informed readers seeking a concise legal summary of the Virtual Asset Service Providers Act — what it regulates, what it doesn't, and what you need to know to stay compliant whilst preserving your freedom to innovate.
Strict regulations, costly electricity prices and the high cost of setting up a mining rig are some of the major reasons why the African mining community is spread so thin.