Kenyan Central Bank Moves to Vet VASP Applications With 4 Hires
Tech Kenyan Central Bank Moves to Vet VASP Applications With 4 HiresCBK opened recruitment for 4 VASP oversight roles following the passage of the 2025 VASP Act.The recruitment signals that the CBK aims to professionalize and stabilize Kenyas growing crypto market.A 13-member committee will manage the VASP regime after the rules are gazetted. Defining Key Management Roles The Central Bank of Kenya (CBK) has opened recruitment for senior and managerial positions to oversee licensing and compliance for virtual asset service providers (VASPs), signaling its intent to operationalize crypto regulation before the final rulebook is in place. The regulator posted four vacancies within its Digital Payment Services Division, all closing May 18. The roles span licensing, product approval, and compliance oversight—marking the first time the CBK has advertised positions dedicated specifically to VASP supervision. A manager-level hire will lead the licensing function, reviewing applications, recommending approvals or rejections, and developing standard operating procedures for the new regime. Two deputy managers will handle licensing and product approval, and compliance oversight, respectively. Their duties include risk-based supervision of licensed VASPs, anti-money laundering (AML) checks, cybersecurity assessments, and enforcement of licensing conditions. A senior business analyst will round out the team, focusing on application review and regulatory guidance for