On 10 November 2026, PANews reported, citing crypto.news, that the International Monetary Fund had recommended Kenya require crypto platforms to apply the “Travel Rule” to regulated transfers. The recommendation comes from an IMF technical assistance report published on 6 November. It is advice, not an enacted rule, a court ruling, or an enforcement action.
The IMF said platforms should collect, verify, and transmit identity information for both the originator and the beneficiary of a regulated transfer. The fields named in the account of the report are name, account information, residential address, identification number, and wallet information.
The Fund described a “significant gap” in Kenya’s requirements for international information sharing on crypto transactions. It recommended that these duties be written into Kenya’s virtual asset service provider (VASP) regulations, or into another suitable legal instrument, as soon as possible.
Kenya’s Virtual Asset Service Providers Act took effect in November 2025. Under that law, supervision is divided by sector between the Central Bank of Kenya and the Capital Markets Authority.
Original report: PANews, 10 November 2026.
