Bitcoin ATMs appear in Nairobi shopping malls after Kenya's first cryptocurrency law came into effect.
TL;DR
Bitcoin ATMs have been installed in Nairobi malls following Kenya's new cryptocurrency law, enabling cash-to-crypto exchanges. The law, effective November 4, 2025, establishes a licensing framework for virtual asset providers.
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Odaily Odaily reports that days after Kenya implemented its first comprehensive cryptocurrency law, ATMs branded "Bankless Bitcoin" have appeared in several large shopping malls in Nairobi, offering local residents the service of exchanging cash for cryptocurrency.
Previously, it was reported that Kenya implemented the Virtual Asset Service Providers Act 2025 on November 4th, marking the country's first formal licensing framework for cryptocurrency platforms such as wallet operators, exchanges, and custodians. (Cointelegraph)