Bitcoin ATMs branded “Bankless Bitcoin” have been spotted inside busy shopping centers in Nairobi, including Two Rivers Mall and outlets along Ngong Road in Westlands.

According to local reports, the orange machines now sit beside conventional bank ATMs, offering quick cash-to-Bitcoin and sell options to mall visitors.

The presence of the kiosks has drawn attention because they arrived as Kenya’s new Virtual Assets Service Providers Act came into force on November 4, 2025.

Regulators Say No VASPs Licensed

A joint notice from the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) has stressed that neither agency has yet licensed any VASPs under the new law.

Based on reports , the National Treasury is still writing the detailed rules that will start the formal lic

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