This aim to curb speculative licence trading, where individuals or firms acquire licences not to operate businesses but to later sell or transfer them for a profit.
Kenya enforces 36-month license hold and 12-month operation deadline, blocking speculative crypto permit trading. Regulatory consolidation tightens. License arbitrage collapses; startups face steeper barriers. Established players consolidate advantage, reducing competition.
By
Dennis Musau
Technology Correspondent
Nation Media Group
The National Treasury has introduced new restrictions on the transfer of cryptocurrency licences, requiring operators to hold and actively use their permits for at least three years before they can be sold or assigned to another party.
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